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J.P. Morgan Sticks to Their Buy Rating for Unilever (ULVR)

Tipranks - Tipranks - Thu Apr 16, 6:46AM CDT

In a report released today, Celine Pannuti CFA from J.P. Morgan maintained a Buy rating on Unilever, with a price target of £57.00.

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According to TipRanks, Pannuti CFA is ranked #10793 out of 12125 analysts.

In addition to J.P. Morgan, Unilever also received a Buy from Bank of America Securities’s Antoine Prevot in a report issued yesterday. However, today, Jefferies maintained a Sell rating on Unilever (LSE: ULVR).

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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.

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