Unilever plc (LON:ULVR) had its price objective increased by investment analysts at Royal Bank Of Canada from GBX 3,600 ($44.55) to GBX 3,900 ($48.27) in a note issued to investors on Friday. The brokerage presently has a “sector performer” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 8.44% from the stock’s current price.
A number of other research analysts have also recently issued reports on the stock. Shore Capital reiterated a “buy” rating and set a GBX 3,723 ($46.08) price objective on shares of Unilever plc in a report on Thursday. Citigroup Inc. set a GBX 4,060 ($50.25) price objective on shares of Unilever plc and gave the company a “buy” rating in a report on Wednesday, August 31st. JPMorgan Chase & Co. lifted their price objective on shares of Unilever plc from GBX 3,550 ($43.94) to GBX 3,960 ($49.01) and gave the company an “overweight” rating in a report on Thursday, June 30th. Barclays PLC reiterated an “overweight” rating and set a GBX 4,500 ($55.69) price objective on shares of Unilever plc in a report on Friday, October 7th. Finally, HSBC reiterated a “buy” rating and set a GBX 3,800 ($47.03) price objective on shares of Unilever plc in a report on Thursday, June 30th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the stock. Unilever plc presently has an average rating of “Hold” and an average price target of GBX 3,680.33 ($45.55).
Unilever plc (LON:ULVR) opened at 3596.50 on Friday. The firm’s market cap is GBX 102.10 billion. Unilever plc has a 12 month low of GBX 2,715.00 and a 12 month high of GBX 3,807.50. The firm’s 50 day moving average is GBX 3,613.23 and its 200-day moving average is GBX 3,396.73.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Investors of record on Thursday, October 27th will be paid a dividend of GBX 28.90 ($0.36) per share. The ex-dividend date is Thursday, October 27th. This represents a yield of 0.8%. This is a boost from Unilever plc’s previous dividend of $26.89.
About Unilever plc
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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