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Berenberg Bank Sticks to Their Buy Rating for Unilever (ULVR)

Tipranks - Tipranks - Sat Jan 17, 11:28AM CST

Berenberg Bank analyst Fulvio Cazzol reiterated a Buy rating on Unilever today and set a price target of p5,600.00.

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Cazzol covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and Henkel AG & Co. KGaA. According to TipRanks, Cazzol has an average return of 0.0% and a 46.39% success rate on recommended stocks.

In addition to Berenberg Bank, Unilever also received a Buy from Kepler Capital ‘s Karel Zoete in a report issued on January 5. However, on January 7, Jefferies maintained a Sell rating on Unilever (LSE: ULVR).

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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

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