Kepler Capital Keeps Their Buy Rating on Unilever (ULVR)
Kepler Capital analyst Karel Zoete maintained a Buy rating on Unilever on December 2 and set a price target of €64.00. The company’s shares closed yesterday at p4,483.00.
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According to TipRanks, Zoete is an analyst with an average return of -2.2% and a 47.28% success rate. Zoete covers the Consumer Defensive sector, focusing on stocks such as Unilever, Tate & Lyle, and Corbion NV.
In addition to Kepler Capital , Unilever also received a Buy from J.P. Morgan’s Celine Pannuti CFA in a report issued on November 26. However, on November 28, 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 95 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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