Berenberg Has Just Reaffirmed GBX 3200.00 Target Price Per Share on Unilever PLC (LON:ULVR) stock, While They’ve Also Reiterated Their “Buy” Rating

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Unilever PLC (LON:ULVR) Rating Reaffirmed

The investment house has just set a target price of GBX 3200.00 on Unilever PLC (LON:ULVR) shares. This is 14.45% from the stock close price. In a very recent research note issued to clients and investors on 4 December, Berenberg kept steady their “Buy” rating on shares of ULVR.

From a total of 19 analysts covering Unilever PLC (LON:ULVR) stock, 11 rate it a ”Buy”, 6 a “Sell”, and 6 a ”Hold”. This means that 48% of the ratings are positive. The highest target price is GBX 3300 while the lowest target price is GBX 2500. The mean of all analyst targets is GBX 2964.72 with a 4.23% above today’s (GBX 2796.02) stock price. Unilever PLC was the topic of 70 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Shore Capital maintained shares on November 30 with “Buy” rating. JP Morgan maintained shares with “Underweight” rating and GBX 2525 target share price in a report from a November 24. Goldman Sachs maintained ULVR stock in a recent report from November 26 with “Sell” rating. Liberum Capital maintained the rating on November 16. Liberum Capital has a “Sell” rating and a GBX 2500 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a November 17.

The stock increased 0.36% or GBX 10.02 on December 3, striking GBX 2796.02. Approximately shares of stock traded hands. Unilever plc (LON:ULVR) has declined 1.76% since May 7, 2015 and is downtrending. It has underperformed by 1.48% the S&P500.

Berenberg Has Just Reaffirmed GBX 3200.00 Target Price Per Share on Unilever PLC (LON:ULVR) stock, While They’ve Also Reiterated Their

Unilever PLC is engaged in the supply of food, home and personal care products. The company has a market cap of 85.83 billion GBP. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. It has 22.82 P/E ratio. The Firm operates through four divisions: Personal Care, Foods, Refreshment and Home Care.

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