Credit Suisse Group Reiterates Buy Rating for Unilever (LON:ULVR)

Unilever (LON:ULVR)‘s stock had its “buy” rating reissued by stock analysts at Credit Suisse Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. They presently have a GBX 5,000 ($65.77) price target on the stock. Credit Suisse Group’s price target points to a potential upside of 8.70% from the company’s previous close.

Several other research analysts have also recently commented on ULVR. Barclays restated a “sell” rating and issued a GBX 4,220 ($55.51) target price on shares of Unilever in a research report on Friday, January 31st. Shore Capital reiterated an “under review” rating on shares of Unilever in a report on Thursday, October 17th. JPMorgan Chase & Co. reiterated a “sell” rating and issued a GBX 4,210 ($55.38) price objective on shares of Unilever in a report on Tuesday, January 14th. Jefferies Financial Group increased their price objective on shares of Unilever from GBX 5,000 ($65.77) to GBX 5,100 ($67.09) and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, Goldman Sachs Group set a GBX 4,900 ($64.46) price objective on shares of Unilever and gave the company a “buy” rating in a report on Monday, January 20th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 4,698.18 ($61.80).

LON ULVR opened at GBX 4,600 ($60.51) on Wednesday. Unilever has a 52 week low of GBX 3,944 ($51.88) and a 52 week high of GBX 5,333 ($70.15). The company has a current ratio of 0.78, a quick ratio of 0.58 and a debt-to-equity ratio of 203.49. The stock has a market cap of $53.70 billion and a price-to-earnings ratio of 18.20. The company has a 50-day moving average price of GBX 4,445.06 and a two-hundred day moving average price of GBX 4,685.64.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

Further Reading: What is the Shanghai Stock Exchange Composite Index?

Analyst Recommendations for Unilever (LON:ULVR)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.