Deutsche Bank Sticks to Its Buy Rating for Unilever (ULVR)

Deutsche Bank analyst Tom Sykes maintained a Buy rating on Unilever today and set a price target of £50.50.

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According to TipRanks, Sykes is a 3-star analyst with an average return of 2.2% and a 51.50% 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 TR | OpenAI – 4o’s Bram Softner in a report issued yesterday. However, on December 5, Jefferies 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.