Unilever plc (LON:ULVR) had its price target raised by research analysts at JPMorgan Chase & Co. from GBX 3,960 ($48.26) to GBX 4,100 ($49.97) in a report released on Friday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 16.99% from the stock’s previous close.
A number of other equities research analysts have also issued reports on the company. Shore Capital reissued a “buy” rating and issued a GBX 3,723 ($45.37) target price on shares of Unilever plc in a research report on Thursday, October 13th. Citigroup Inc. set a GBX 4,060 ($49.48) price target on Unilever plc and gave the stock a “buy” rating in a research report on Wednesday, August 31st. Barclays PLC reaffirmed an “overweight” rating and set a GBX 4,500 ($54.84) price target on shares of Unilever plc in a research report on Friday, October 7th. Liberum Capital reaffirmed a “sell” rating and set a GBX 3,200 ($39.00) price target on shares of Unilever plc in a research report on Monday, October 10th. Finally, HSBC reaffirmed a “buy” rating and set a GBX 3,800 ($46.31) price target on shares of Unilever plc in a research report on Thursday, June 30th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. Unilever plc currently has a consensus rating of “Hold” and a consensus price target of GBX 3,721.44 ($45.36).
Unilever plc (LON:ULVR) opened at 3504.50 on Friday. The firm’s market cap is GBX 99.49 billion. Unilever plc has a 12 month low of GBX 2,715.00 and a 12 month high of GBX 3,807.50. The stock’s 50 day moving average is GBX 3,613.51 and its 200-day moving average is GBX 3,403.40.
The firm also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, October 27th will be issued a dividend of GBX 28.90 ($0.35) per share. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 0.8%. This is a boost from Unilever plc’s previous dividend of $26.89.
About Unilever plc
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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