In a report released on October 6, Karel Zoete from Kepler Capital maintained a Buy rating on Unilever, with a price target of €64.00. The company’s shares opened today at p4,360.00.
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Zoete covers the Consumer Defensive sector, focusing on stocks such as Unilever, Corbion NV, and Essity AB. According to TipRanks, Zoete has an average return of -3.2% and a 42.37% success rate on recommended stocks.
Currently, the analyst consensus on Unilever is a Moderate Buy with an average price target of p5,037.17, implying a 15.53% upside from current levels. In a report released on October 6, Bank of America Securities also reiterated a Buy rating on the stock with a p5,400.00 price target.
Based on Unilever’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p15.06 billion and a net profit of p1.76 billion. In comparison, last year the company earned a revenue of p31.12 billion and had a net profit of p3.7 billion
Read More on GB:ULVR:
Disclaimer & DisclosureReport an Issue
- Unilever Appoints Belén Garijo López as Independent Non-Executive Director
- Unilever’s Strong Market Position and Strategic Focus Drive Buy Rating Despite Challenges
- Unilever’s Strategic Positioning and Market Resilience Justify Buy Rating Amid Growth Opportunities
- Unilever to Demerge Ice Cream Business, Creating New Listed Entity
- Unilever Updates Voting Rights and Capital Structure
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