Shares in Unilever PLC (ULVR.L) have fallen dramatically from recent highs of 5324p. Will it continue, or is this an opportunity to pick up a bargain?

• Now trading at 4195.97p (at time of writing). A return to previous highs would represent a rise of 26%.
• This stock is one of the most significant fallers in the period.
• Is the trend your friend, or is a bounce imminent?
• The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
• Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
• Shares -21% from 12-month highs; +2% from 12 month lows.

Latest News

03 Feb:  Jefferies International reiterates its buy rating on Unilever (ULVR) and increased the target price to 5100p (from 5000p).

30 Jan:  Unilever, the household goods group, has posted sales growth of 2.9% for 2019, assisted by its emerging markets and home care units. However, profits declined.

24 Jan:  Jefferies International has upgraded its rating on Unilever (ULVR) to buy (from hold) and increased the target price to 5000p (from 4450p).

22 Jan:  Berenberg has downgraded its rating on Unilever (ULVR) to hold (from buy) and reduced the target price to 4750p (from 5350p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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