JP Morgan Cazenove Reaffirms The “Underweight” Rating They’ve had for Unilever PLC (LON:ULVR) Shares

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Unilever PLC (LON:ULVR) Rating Reaffirmed

In a very recent research note issued by JP Morgan Cazenove on Monday, 30 November, The Rating on Unilever PLC (LON:ULVR) shares of a ‘”Underweight”‘ was has restated.

From a total of 14 analysts covering Unilever PLC (LON:ULVR) stock, 6 rate it a ”Buy”, 5 a “Sell”, and 3 a ”Hold”. This means that 43% of the ratings are positive. The highest target price is GBX 4150 while the lowest target price is GBX 2400. The mean of all analyst targets is GBX 2914.29 with a 1.16% above today’s (GBX 2880.8) stock price. Unilever PLC was the topic of 69 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 30 with “Underweight” rating. JP Morgan maintained shares with “Underweight” rating and GBX 2525 target share price in a report from a November 24. BNP Paribas maintained ULVR stock in a recent report from November 23 with “Outperform” rating. RBC Capital Markets maintained the rating on November 13. RBC Capital Markets has a “Outperform” rating and a GBX 3100 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a November 16.

The stock increased 0.17% or GBX 4.8 on November 27, striking GBX 2880.8. Approximately shares of stock traded hands. Unilever plc (LON:ULVR) has risen 0.03% since May 1, 2015 and is uptrending. It has outperformed by 0.93% the S&P500.

JP Morgan Cazenove Reaffirms The

Unilever PLC is engaged in the supply of food, home and personal care products. The company has a market cap of 87.90 billion GBP. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. It has 24.17 P/E ratio. The Firm operates through four divisions: Personal Care, Foods, Refreshment and Home Care.

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