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Morgan Stanley Remains a Buy on Unilever (ULVR)

Tipranks - Tipranks - Tue Mar 17, 7:18PM CDT

In a report released yesterday, Sarah Simon from Morgan Stanley maintained a Buy rating on Unilever, with a price target of p5,350.00.

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According to TipRanks, Simon is ranked #8144 out of 12068 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Unilever with a p5,229.55 average price target.

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Based on Unilever’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p20.35 billion and a net profit of p2.58 billion. In comparison, last year the company earned a revenue of p29.64 billion and had a net profit of p2.04 billion

Based on the recent corporate insider activity of 22 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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