In a report released today, Tom Sykes from Deutsche Bank maintained a Buy rating on Unilever, with a price target of £50.50. The company’s shares opened today at p4,385.00.
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Sykes covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and Reckitt. According to TipRanks, Sykes has an average return of 2.1% and a 53.09% success rate on recommended stocks.
In addition to Deutsche Bank , Unilever also received a Buy from Barclays’s Warren Ackerman in a report issued on September 29. However, on September 30, Jefferies maintained a Sell rating on Unilever (LSE: ULVR).
ULVR market cap is currently £107.6B and has a P/E ratio of 23.10.
Read More on GB:ULVR:
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- Unilever to Demerge Ice Cream Business, Creating New Listed Entity
- Unilever Updates Voting Rights and Capital Structure
- Sell Rating for Unilever Amidst Emerging Market Challenges and Underperformance
- Unilever initiated with a Buy at Spin-Off Research
- Unilever Issues Corrective Statement on Director Shareholding