Unilever (ULVR) Gets a Buy from Barclays

Barclays analyst Warren Ackerman maintained a Buy rating on Unilever today and set a price target of £55.00.

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Ackerman covers the Consumer Defensive sector, focusing on stocks such as Henkel AG & Co. KGaA, Unilever, and Nestlé SA. According to TipRanks, Ackerman has an average return of -0.3% and a 45.60% success rate on recommended stocks.

In addition to Barclays, Unilever also received a Buy from Bank of America Securities’s Antoine Prevot in a report issued today. However, on the same day, Deutsche Bank maintained a Hold rating on Unilever (LSE: ULVR).

Based on Unilever’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p20.35 billion and a net profit of p2.58 billion. In comparison, last year the company earned a revenue of p29.64 billion and had a net profit of p2.04 billion

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ULVR in relation to earlier this year.