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Unilever (ULVR) Gets a Buy from Barclays

Tipranks - Tipranks - Sat Jan 24, 9:36PM CST

Barclays analyst Warren Ackerman maintained a Buy rating on Unilever yesterday. The company’s shares closed yesterday at p4,864.00.

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According to TipRanks, Ackerman is a 3-star analyst with an average return of 2.4% and a 53.57% success rate. Ackerman covers the Consumer Defensive sector, focusing on stocks such as Unilever, Chocoladefabriken Lindt & Spruengli AG, and Associated British Foods.

Currently, the analyst consensus on Unilever is a Moderate Buy with an average price target of p5,089.14, implying a 4.63% upside from current levels. In a report released on January 16, Berenberg Bank also reiterated a Buy rating on the stock with a p5,600.00 price target.

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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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