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Unilever (ULVR) Receives a Buy from Barclays

Tipranks - Tipranks - Mon Feb 16, 9:54AM CST

Barclays analyst Warren Ackerman maintained a Buy rating on Unilever on February 13 and set a price target of £60.00. The company’s shares closed last Friday at p5,432.00.

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Ackerman covers the Consumer Defensive sector, focusing on stocks such as Unilever, Chocoladefabriken Lindt & Spruengli AG, and DANONE SA. According to TipRanks, Ackerman has an average return of 1.3% and a 52.04% success rate on recommended stocks.

In addition to Barclays, Unilever also received a Buy from TD Cowen’s Robert Moskow in a report issued on February 13. However, on February 12, Jefferies maintained a Sell rating on Unilever (LSE: ULVR).

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Based on Unilever’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p15.06 billion and a net profit of p1.76 billion. In comparison, last year the company earned a revenue of p31.12 billion and had a net profit of p3.7 billion

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