Is Unilever PLC (LON:ULVR) a Stock One Should Buy Following Today’s Goldman Sachs Upgrade?

September 7, 2018 - By Megan Stone

Unilever PLC (LON:ULVR) Logo

Unilever PLC (LON:ULVR) Stock Upgrade

Goldman Sachs has upped shares of Unilever PLC (LON:ULVR) to a “Neutral” and at this point in time has a GBX 3800.00 price target on the stock. This was revealed in a recent research note earlier today. Goldman Sachs’s price target indicates a possible downside of -11.06 %.

Unilever PLC (LON:ULVR) Ratings Coverage

Among 9 analysts covering Unilever PLC (LON:ULVR), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Unilever PLC has GBX 4800 highest and GBX 3800 lowest target. GBX 4395’s average target is 4.06% above currents GBX 4223.5 stock price. Unilever PLC had 17 analyst reports since March 27, 2018 according to SRatingsIntel. Liberum Capital maintained Unilever PLC (LON:ULVR) on Tuesday, July 24 with “Hold” rating. The stock of Unilever PLC (LON:ULVR) earned “Hold” rating by Liberum Capital on Thursday, July 19. The firm earned “Buy” rating on Tuesday, June 26 by Berenberg. The stock has “Buy” rating by Deutsche Bank on Friday, April 6. The stock has “Overweight” rating by Barclays Capital on Tuesday, September 4. The stock of Unilever PLC (LON:ULVR) earned “Buy” rating by UBS on Monday, July 23. The stock of Unilever PLC (LON:ULVR) has “Buy” rating given on Thursday, July 19 by Shore Capital. The stock of Unilever PLC (LON:ULVR) earned “Hold” rating by Liberum Capital on Friday, June 15. The stock of Unilever PLC (LON:ULVR) has “Buy” rating given on Monday, April 23 by Jefferies. Berenberg maintained Unilever PLC (LON:ULVR) rating on Friday, July 20. Berenberg has “Buy” rating and GBX 4800 target.

The stock decreased 1.39% or GBX 59.5 during the last trading session, reaching GBX 4223.5. About 2.21M shares traded. Unilever PLC (LON:ULVR) has 0.00% since September 7, 2017 and is . It has underperformed by 12.57% the S&P500.

Unilever PLC operates in the fast-moving consumer goods market. The company has market cap of 111.65 billion GBP. The firm operates through Personal Care, Foods, Home Care, and Refreshment divisions. It has a 16.71 P/E ratio. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.