Unilever (ULVR) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Sarah Simon initiated coverage with a Buy rating on Unilever today and set a price target of p5,170.00.
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According to TipRanks, Simon is ranked #8182 out of 10139 analysts.
In addition to Morgan Stanley, Unilever also received a Buy from Bank of America Securities’s Antoine Prevot in a report issued on December 12. However, on the same day, Goldman Sachs maintained a Hold 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:
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- Unilever price target lowered to 5,700 GBp from 6,075 GBp at BofA
- Unilever’s Strategic Positioning and Growth Prospects Justify Buy Rating
- Unilever price target raised to 5,150 GBp from 5,050 GBp at Deutsche Bank
- Unilever Cancels Over 51 Million Treasury Shares
- Unilever price target lowered to 4,440 GBp from 4,635 GBp at UBS
