Kepler Capital Keeps Their Hold Rating on Unilever (ULVR)

In a report released on April 15, Karel Zoete from Kepler Capital maintained a Hold rating on Unilever, with a price target of p5,900.00. The company’s shares closed yesterday at p4,251.00.

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According to TipRanks, Zoete is an analyst with an average return of -1.1% and a 47.34% success rate. Zoete covers the Consumer Defensive sector, focusing on stocks such as Unilever, Essity AB, and Glanbia.

Currently, the analyst consensus on Unilever is a Moderate Buy with an average price target of p5,315.83, implying a 25.05% upside from current levels. In a report released on April 1, Deutsche Bank also maintained a Hold rating on the stock with a £51.50 price target.

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.