In a report released on August 25, Adrienne Yih from Barclays maintained a Buy rating on Unilever (UL – Research Report), with a price target of $587.00. The company’s shares closed last Friday at $50.91.
Yih covers the Consumer Cyclical sector, focusing on stocks such as Nike, National Vision Holdings, and Bath & Body Works. According to TipRanks, Yih has an average return of 5.4% and a 50.21% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Unilever with a $322.50 average price target.
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UL market cap is currently $127.3B and has a P/E ratio of 15.10.
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Founded in 1930, Unilever Plc, a London-based company, sells fast-moving consumer goods worldwide. The company operates through three product segments, including Beauty & Personal Care, Foods & Refreshment and Home Care. Its popular brands include Axe, Dove, Glow & Lovely, Heartbrand ice creams, Hellmann’s, Knorr, Lipton, Lux, Omo, Surf, Rexona, and Sunsilk, among many others.
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