J P Morgan Chase & Co Reiterates “Neutral” Rating for Unilever (ULVR)

Unilever (LON:ULVR)‘s stock had its “neutral” rating restated by investment analysts at J P Morgan Chase & Co in a note issued to investors on Tuesday. They presently have a GBX 4,400 ($59.22) price objective on the stock. J P Morgan Chase & Co’s price objective indicates a potential upside of 5.00% from the company’s previous close.

Several other brokerages have also recently commented on ULVR. Goldman Sachs Group set a GBX 3,820 ($51.41) price target on shares of Unilever and gave the company a “sell” rating in a research report on Monday. Jefferies Group reissued a “buy” rating and issued a GBX 4,830 ($65.01) price target on shares of Unilever in a research report on Monday. Berenberg Bank set a GBX 5,000 ($67.29) price target on shares of Unilever and gave the company a “buy” rating in a research report on Friday, December 1st. Kepler Capital Markets reissued a “buy” rating on shares of Unilever in a research report on Friday, December 1st. Finally, Liberum Capital raised their price target on shares of Unilever from GBX 3,870 ($52.09) to GBX 3,960 ($53.30) and gave the company a “hold” rating in a research report on Wednesday, October 25th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 4,303 ($57.91).

Unilever (LON:ULVR) opened at GBX 4,190.50 ($56.40) on Tuesday. Unilever has a 1 year low of GBX 3,076.50 ($41.41) and a 1 year high of GBX 4,557.50 ($61.34).

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Unilever Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Analyst Recommendations for Unilever (LON:ULVR)

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