Unilever (LON:ULVR)‘s stock had its “overweight” rating reaffirmed by investment analysts at Barclays Capital in a note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 2,900 ($46.30) price target on the stock. Barclays Capital’s price target would indicate a potential upside of 22.05% from the stock’s previous close.
Shares of Unilever (LON:ULVR) opened at 2384.00 on Friday. Unilever has a 52 week low of GBX 2243.00 and a 52 week high of GBX 2908.00. The stock’s 50-day moving average is GBX 2538.18 and its 200-day moving average is GBX 2691.. The company’s market cap is £67.679 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. cut their price target on shares of Unilever from GBX 2,900 ($46.30) to GBX 2,500 ($39.91) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research note to investors on Thursday. Finally, analysts at Berenberg Bank cut their price target on shares of Unilever from GBX 3,000 ($47.89) to GBX 2,900 ($46.30) in a research note to investors on Tuesday, October 8th. They now have a “buy” rating on the stock. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 2,755.90 ($44.00).
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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