Morgan Stanley Reiterates “€57.00” Price Target for Unilever (UNIA)

Unilever (AMS:UNIA) has been assigned a €57.00 ($66.28) price objective by research analysts at Morgan Stanley in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 31.64% from the stock’s previous close.

A number of other brokerages have also recently commented on UNIA. Baader Bank set a €53.50 ($62.21) target price on shares of Unilever and gave the company a “buy” rating in a research report on Friday, July 20th. Kepler Capital Markets set a €54.50 ($63.37) target price on shares of Unilever and gave the company a “buy” rating in a research report on Friday, July 20th. UBS Group set a €53.00 ($61.63) target price on shares of Unilever and gave the company a “buy” rating in a research report on Friday, July 20th. Jefferies Financial Group set a €56.00 ($65.12) target price on shares of Unilever and gave the company a “buy” rating in a research report on Friday, July 20th. Finally, Royal Bank of Canada set a €37.00 ($43.02) price objective on shares of Unilever and gave the stock a “sell” rating in a research report on Thursday, July 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. Unilever has a consensus rating of “Buy” and a consensus target price of €51.56 ($59.95).

Shares of AMS UNIA traded up €0.20 ($0.23) during mid-day trading on Tuesday, reaching €43.30 ($50.35). The company’s stock had a trading volume of 8,769 shares, compared to its average volume of 11,375. Unilever has a 1-year low of €42.10 ($48.95) and a 1-year high of €52.29 ($60.80).



About Unilever

Unilever N.V. 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.

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Analyst Recommendations for Unilever (AMS:UNIA)

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