J.P. Morgan Reaffirms Their Buy Rating on Unilever (ULVR)
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 an analyst with an average return of -2.7% and a 39.10% success rate. Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and DANONE SA.
In addition to J.P. Morgan, Unilever also received a Buy from Bernstein’s Callum Elliott in a report issued yesterday. However, on November 24, UBS maintained a Sell rating on Unilever (LSE: ULVR).
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
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is neutral on the stock.
Read More on GB:ULVR:
Disclaimer & DisclosureReport an Issue
- Unilever’s Growth Potential in Emerging Markets and Strategic Focus Earns Buy Rating
- Unilever Director Acquires Company Shares
- Unilever Executive Sells Shares in Significant Transaction
- Unilever price target raised to 4,000 GBp from 3,800 GBp at Jefferies
- Unilever Updates Demerger and Share Consolidation Timetable
