Unilever plc (LON:ULVR) had its target price lifted by Liberum Capital from GBX 3,870 ($51.07) to GBX 3,960 ($52.26) in a report issued on Wednesday. The brokerage currently has a hold rating on the stock.
ULVR has been the subject of a number of other reports. Barclays PLC set a GBX 4,390 ($57.93) price target on shares of Unilever plc and gave the stock a buy rating in a research report on Thursday, October 19th. Berenberg Bank reduced their price target on shares of Unilever plc from GBX 5,075 ($66.97) to GBX 5,000 ($65.98) and set a buy rating for the company in a research report on Friday, October 20th. Shore Capital reissued a buy rating on shares of Unilever plc in a research report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) set a GBX 4,140 ($54.63) price target on shares of Unilever plc and gave the stock a sell rating in a research report on Friday, July 21st. Finally, Beaufort Securities reissued a buy rating on shares of Unilever plc in a research report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 4,288.57 ($56.59).
Shares of Unilever plc (LON:ULVR) traded up 3.34% during trading on Wednesday, reaching GBX 4225.00. 3,275,305 shares of the company traded hands. Unilever plc has a 12 month low of GBX 3,050.50 and a 12 month high of GBX 4,557.50. The firm has a 50-day moving average price of GBX 4,366.84 and a 200-day moving average price of GBX 4,281.86. The firm’s market capitalization is GBX 118.83 billion.
The company also recently declared a dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Thursday, November 2nd will be given a GBX 31.99 ($0.42) dividend. This is a positive change from Unilever plc’s previous dividend of $31.83. The ex-dividend date is Thursday, November 2nd. This represents a dividend yield of 0.78%.
In related news, insider Mary Ma acquired 460 shares of the stock in a transaction dated Tuesday, August 1st. The shares were acquired at an average price of GBX 4,312 ($56.90) per share, for a total transaction of £19,835.20 ($26,174.72). In the last 90 days, insiders bought 468 shares of company stock worth $2,018,817.
About Unilever plc
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.