Unilever (LON:ULVR) Price Target Cut to GBX 4,380

Unilever (LON:ULVR) had its target price reduced by equities researchers at Jefferies Financial Group from GBX 4,433 ($57.92) to GBX 4,380 ($57.23) in a note issued to investors on Monday, February 4th. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 9.97% from the stock’s current price.

A number of other equities research analysts have also commented on the stock. UBS Group reaffirmed a “neutral” rating and issued a GBX 4,250 ($55.53) price objective (down from GBX 4,400 ($57.49)) on shares of Unilever in a research note on Monday, February 4th. Berenberg Bank set a GBX 4,700 ($61.41) price objective on shares of Unilever and gave the company a “buy” rating in a research note on Friday, February 1st. JPMorgan Chase & Co. set a GBX 3,860 ($50.44) price objective on shares of Unilever and gave the company a “sell” rating in a research note on Friday, February 1st. Goldman Sachs Group set a GBX 4,100 ($53.57) target price on shares of Unilever and gave the company a “neutral” rating in a research report on Thursday, January 31st. Finally, Liberum Capital reiterated a “hold” rating on shares of Unilever in a research report on Thursday, January 31st. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. Unilever has a consensus rating of “Hold” and an average target price of GBX 4,302.27 ($56.22).

ULVR traded down GBX 25 ($0.33) during trading on Monday, reaching GBX 3,983 ($52.04). 3,054,684 shares of the company’s stock were exchanged, compared to its average volume of 2,750,000. Unilever has a one year low of GBX 3,678.50 ($48.07) and a one year high of GBX 4,557.50 ($59.55).

About Unilever

Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.

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Analyst Recommendations for Unilever (LON:ULVR)

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