Unilever plc (ULVR) Given a GBX 4,650 Price Target at J P Morgan Chase & Co

Unilever plc (LON:ULVR) has been assigned a GBX 4,650 ($60.72) price target by analysts at J P Morgan Chase & Co in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. J P Morgan Chase & Co’s target price suggests a potential upside of 5.95% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Berenberg Bank lifted their target price on shares of Unilever plc from GBX 4,300 ($56.15) to GBX 4,850 ($63.33) and gave the stock a “buy” rating in a research note on Wednesday, April 12th. Shore Capital reiterated a “buy” rating on shares of Unilever plc in a research note on Thursday, April 6th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 4,440 ($57.98) target price on shares of Unilever plc in a research note on Friday, April 7th. Beaufort Securities lifted their target price on shares of Unilever plc from GBX 3,800 ($49.62) to GBX 4,330 ($56.54) and gave the stock a “buy” rating in a research note on Friday, April 7th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a GBX 4,490 ($58.63) target price on shares of Unilever plc in a research note on Friday, March 31st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 4,199.04 ($54.83).

Unilever plc (ULVR) opened at 4391.50 on Friday. The company’s 50-day moving average is GBX 4,270.67 and its 200-day moving average is GBX 3,907.53. Unilever plc has a 12 month low of GBX 3,050.50 and a 12 month high of GBX 4,428.50. The company’s market cap is GBX 124.70 billion.

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In related news, insider Strive Masiyiwa purchased 1,130 shares of the business’s stock in a transaction that occurred on Tuesday, April 25th. The stock was bought at an average price of GBX 4,031 ($52.64) per share, with a total value of £45,550.30 ($59,480.67). Also, insider John Rishton Cha purchased 2,000 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The stock was bought at an average cost of GBX 3,966 ($51.79) per share, with a total value of £79,320 ($103,577.96). In the last three months, insiders purchased 3,139 shares of company stock valued at $12,525,037.

Unilever plc Company Profile

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.