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Unilever (LON:ULVR) Reaches New 1-Year High – Time to Buy?
['Mitch Edgeman']
Markets Daily
Unilever PLC (LON:ULVR – Get Free Report) reached a new 52-week high during mid-day trading on Friday .
The company traded as high as GBX 4,930.50 and last traded at GBX 4,925, with a volume of 105910961 shares traded.
UBS Group restated a “sell” rating and set a GBX 4,120 price target on shares of Unilever in a research report on Friday, October 17th.
Berenberg Bank raised their price objective on Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a report on Friday, January 16th.
According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 4,695.