Unilever (ULVR) Receives “Buy” Rating from Jefferies Group

Jefferies Group reaffirmed their buy rating on shares of Unilever (LON:ULVR) in a research report released on Monday. Jefferies Group currently has a GBX 4,830 ($65.01) target price on the stock.

Several other research firms have also recently issued reports on ULVR. UBS set a GBX 4,400 ($59.22) price objective on shares of Unilever and gave the stock a neutral rating in a research report on Thursday, October 19th. Liberum Capital lifted their price target on shares of Unilever from GBX 3,870 ($52.09) to GBX 3,960 ($53.30) and gave the company a hold rating in a research report on Wednesday, October 25th. J P Morgan Chase & Co set a GBX 4,400 ($59.22) price target on shares of Unilever and gave the company a neutral rating in a research report on Monday, October 2nd. Bryan, Garnier & Co reiterated a neutral rating and set a GBX 4,300 ($57.87) price target on shares of Unilever in a research report on Friday, August 25th. Finally, Whitman Howard lifted their price target on shares of Unilever from GBX 3,800 ($51.14) to GBX 4,350 ($58.55) and gave the company a hold rating in a research report on Monday, September 25th. Three investment 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’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 4,303 ($57.91).

Unilever (ULVR) traded up GBX 13.50 ($0.18) during trading on Monday, reaching GBX 4,157 ($55.95). 2,359,555 shares of the company traded hands, compared to its average volume of 2,570,000. 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 declared a dividend, which will be paid on Wednesday, December 13th. Investors of record on Thursday, November 2nd will be paid a GBX 31.99 ($0.43) dividend. The ex-dividend date is Thursday, November 2nd. This represents a yield of 0.78%. This is an increase 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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