Unilever PLC (ULVR.L) 17-01-20
Unilever PLC (ULVR.L) has fallen significantly from the highs of 5324p. Will the trend carry, or is this the chance to catch a bargain?
- Currently at 4386p (at time of writing). A rally to the recent highs would be an increase of 21%.
- Unilever PLC (ULVR.L) is one of the biggest fallers in the period.
- Should this trend be respected, or are we about to see a big bounce?
- The market will over-react to bad news. Is it is down for good reason, or is this an over-reaction?
- Investors seeking a bargain should be mindful of underlying performance. Check our website and the company’s website for information on the stock.
- Shares -17% from 12-month highs; +11% from 12 month lows.
Latest News
09 Jan: Goldman Sachs reiterates its buy rating on Unilever (ULVR) and reduced the target price to 4900p (from 5000p).
18 Dec: Goldman Sachs reiterates its buy rating on Unilever (ULVR) and reduced the target price to 5000p (from 5400p).
18 Dec: Barclays Capital reiterates its underweight rating on Unilever (ULVR) and reduced the target price to 4080p (from 4340p).
17 Dec: Unilever, the consumer goods group, cautioned that it now anticipated sales growth for 2019 to be marginally lower that its previous guidance.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires