Unilever PLC (ULVR.L) 18-12-19
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 4330.74p (at time of writing). A return to previous highs would represent a rise of 22%.
- The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
- Shares -18% from 12-month highs; +9% from 12 month lows.
Latest News
10:40: 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, said that it now anticipated underlying sales growth for the full year to be marginally lower than its previous guidance.
03 Dec: JP Morgan Cazenove reiterates its underweight rating on Unilever (ULVR) and reduced the target price to 4320p (from 4530p).
02 Dec: Liberum Capital has upgraded its rating on Unilever (ULVR) to buy (from hold) and increased the target price to 5100p (from 4375p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires