Unilever’s (ULVR) Buy Rating Reaffirmed at The Goldman Sachs Group

Unilever (LON:ULVR)‘s stock had its “buy” rating reaffirmed by equities researchers at The Goldman Sachs Group in a research note issued on Wednesday, PriceTargets.com reports. They currently have a GBX 4,800 ($62.71) target price on the stock. The Goldman Sachs Group’s price target indicates a potential upside of 12.14% from the company’s previous close.

A number of other equities research analysts have also weighed in on ULVR. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 4,600 ($60.10) price objective on shares of Unilever in a report on Tuesday, June 1st. Barclays set a GBX 4,800 ($62.71) price objective on shares of Unilever and gave the stock a “buy” rating in a report on Thursday, April 29th. Credit Suisse Group set a GBX 4,800 ($62.71) price objective on shares of Unilever and gave the stock a “buy” rating in a report on Monday, April 26th. UBS Group set a GBX 3,700 ($48.34) price objective on shares of Unilever and gave the stock a “sell” rating in a report on Thursday, April 29th. Finally, Sanford C. Bernstein set a GBX 3,500 ($45.73) price objective on shares of Unilever and gave the stock a “sell” rating in a report on Tuesday, May 18th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Unilever has a consensus rating of “Hold” and an average target price of GBX 4,553.64 ($59.49).

Shares of Unilever stock opened at GBX 4,280.50 ($55.93) on Wednesday. Unilever has a 1 year low of GBX 3,721 ($48.62) and a 1 year high of GBX 4,944 ($64.59). The company has a market capitalization of £112.11 billion and a price-to-earnings ratio of 23.43. The company has a current ratio of 0.79, a quick ratio of 0.53 and a debt-to-equity ratio of 154.66. The company’s 50 day moving average is GBX 4,204.75.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Analyst Recommendations for Unilever (LON:ULVR)

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