Jefferies Group Reiterates “Buy” Rating for Unilever (ULVR)

Unilever (LON:ULVR)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group in a research report issued to clients and investors on Monday. They presently have a GBX 4,830 ($65.01) price target on the stock. Jefferies Group’s price objective points to a potential upside of 16.19% from the stock’s current price.

Several other brokerages have also issued reports on ULVR. Whitman Howard reiterated a “hold” rating and issued a GBX 4,350 ($58.55) price target on shares of Unilever in a research note on Thursday, October 19th. Shore Capital reiterated a “buy” rating on shares of Unilever in a research note on Thursday, October 19th. Liberum Capital reiterated a “hold” rating and issued a GBX 3,870 ($52.09) price target on shares of Unilever in a research note on Thursday, October 19th. Barclays set a GBX 4,390 ($59.08) price target on Unilever and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, UBS set a GBX 4,400 ($59.22) price target on Unilever and gave the company a “neutral” rating in a research note on Thursday, October 19th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 4,303 ($57.91).

Unilever (LON:ULVR) opened at GBX 4,157 ($55.95) 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).

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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.

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