Deutsche Bank Keeps Their Buy Rating on Unilever (ULVR)
In a report released today, Tom Sykes from Deutsche Bank maintained a Buy rating on Unilever, with a price target of £51.50.
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According to TipRanks, Sykes is a 3-star analyst with an average return of 2.2% and a 51.24% success rate. Sykes covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and DANONE SA.
In addition to Deutsche Bank , Unilever also received a Buy from Barclays’s Warren Ackerman in a report issued on December 9. However, yesterday, 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
Read More on GB:ULVR:
Disclaimer & DisclosureReport an Issue
- Unilever Cancels Over 51 Million Treasury Shares
- Unilever price target lowered to 4,440 GBp from 4,635 GBp at UBS
- Unilever Updates Disclosure Practices for Dividend Equivalents
- Unilever’s Strategic Challenges and Limited Growth Prospects Lead to Sell Rating
- Two new option listings and two option delistings on December 9th
