Goldman Sachs Keeps Their Hold Rating on Unilever (ULVR)

Goldman Sachs analyst Olivier Nicolai maintained a Hold rating on Unilever (ULVR – Research Report) today and set a price target of £50.40. The company’s shares opened today at p4,556.00.

Nicolai covers the Consumer Defensive sector, focusing on stocks such as Diageo, Diageo, and Fevertree Drinks. According to TipRanks, Nicolai has an average return of 4.1% and a 53.85% success rate on recommended stocks.

In addition to Goldman Sachs, Unilever also received a Hold from Bernstein’s Bruno Monteyne in a report issued on July 23. However, today, Jefferies assigned a Sell rating to Unilever (LSE: ULVR).

The company has a one-year high of p4,546.00 and a one-year low of p3,680.50. Currently, Unilever has an average volume of 4.16M.

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Unilever (ULVR) Company Description:

Netherlands-based Unilever NV and U.K.-based Unilever PLC operate Unilever Group, a diversified household and personal product (60% of 2018 sales by value) and packaged-food and refreshments (40%) company. The firm’s brands include Knorr soups and sauces, Hellmann’s mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme hair-care brand. The firm has been acquisitive in recent years, and high-profile purchases include the mail-order men’s grooming business Dollar Shave Club.

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