Unilever’s (ULVR) “Buy” Rating Reiterated at Jefferies Group

Jefferies Group restated their buy rating on shares of Unilever (LON:ULVR) in a research note published on Monday, Marketbeat reports. They currently have a GBX 4,830 ($65.01) target price on the stock.

ULVR has been the subject of a number of other research reports. Barclays set a GBX 4,390 ($59.08) target price on shares of Unilever and gave the stock a buy rating in a research report on Thursday, October 19th. Berenberg Bank cut their target price on shares of Unilever from GBX 5,075 ($68.30) to GBX 5,000 ($67.29) and set a buy rating for the company in a research report on Friday, October 20th. Kepler Capital Markets restated a buy rating on shares of Unilever in a research report on Friday, December 1st. J P Morgan Chase & Co set a GBX 4,400 ($59.22) target price on shares of Unilever and gave the stock a neutral rating in a research report on Tuesday, September 26th. Finally, Liberum Capital restated a hold rating and set a GBX 3,870 ($52.09) target price on shares of Unilever in a research report on Wednesday, August 30th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 4,303 ($57.91).

Unilever (ULVR) opened at GBX 4,190.50 ($56.40) on Monday. Unilever has a 52-week low of GBX 3,076.50 ($41.41) and a 52-week high of GBX 4,557.50 ($61.34).

The company also recently disclosed a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Thursday, November 2nd will be given a GBX 31.99 ($0.43) dividend. This represents a dividend yield of 0.78%. The ex-dividend date is Thursday, November 2nd. This is a positive change from Unilever’s previous dividend of $31.83.

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About Unilever

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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