BofA Securities resumed coverage on Unilever PLC with a new price target
$UL
Package Goods/Cosmetics
Consumer Discretionary
BofA Securities resumed coverage of Unilever PLC with a rating of Underperform and set a new price target of $44.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/22/2024 | $47.00 → $72.00 | Underperform → Buy | BofA Securities |
| 7/23/2024 | $67.00 | Buy | TD Cowen |
| 6/7/2024 | Neutral → Buy | Redburn Atlantic | |
| 5/23/2024 | Underweight → Overweight | JP Morgan | |
| 2/27/2024 | $52.00 → $48.00 | Equal-Weight → Underweight | Morgan Stanley |
| 12/11/2023 | Buy → Underperform | Jefferies | |
| 12/11/2023 | Underperform → Mkt Perform | Bernstein | |
| 11/9/2023 | Equal Weight → Overweight | Barclays |
BofA Securities upgraded Unilever PLC from Underperform to Buy and set a new price target of $72.00 from $47.00 previously
TD Cowen initiated coverage of Unilever PLC with a rating of Buy and set a new price target of $67.00
Redburn Atlantic upgraded Unilever PLC from Neutral to Buy
6-K - UNILEVER PLC (0000217410) (Filer)
6-K - UNILEVER PLC (0000217410) (Filer)
6-K - UNILEVER PLC (0000217410) (Filer)
Only Popsicle Jolly Rancher products marked for individual sale are impacted Unilever in the United States is recalling approximately 137,000 cases of Popsicle Jolly Rancher Frozen Confection Pop products (single serve offerings) because the products may contain milk, which is not listed as an ingredient on the label. Persons who have an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume this product. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821410508/en/(Photo: Business Wire) The only impacted products are Popsicle Jolly Rancher Frozen Confection Pop
CPG Executive Alfie Vivian Named CEO of Newly Independent CompanyYellow Wood Extends Position as Leading Health and Beauty Investor with Global Brand Portfolio Retail Sales of Over $3 BillionBOSTON, June 6, 2024 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has completed the acquisition of Elida Beauty brands from Unilever (NYSE:UL). The Elida Beauty portfolio of storied consumer brands includes Q-tips®, Caress, Ponds and St. Ives (for North America and Europe only), Impulse, Noxzema, Monsavon, and Timotei, among others. The new company has global reach with offices i
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Unilever has today announced the sale of its Suave brand in North America to Yellow Wood Partners LLC. The Suave beauty and personal care brand includes hair care, skin care, skin cleansing and deodorant products. Esi Eggleston Bracey, President of Unilever USA and CEO of Unilever Personal Care North America, said, "This is another step on our path to shift our portfolio towards strategic growth spaces. Suave has been a much-loved brand since the 1930s, and I am confident it will continue to thrive and serve consumers under its new ownership in North America." Dana Schmaltz, Partner of Yellow Wood Partners, said, "Suave is ubiquitously recognized for its long history of providing accessib
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As of July 25, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Unilever plc (NYSE:UL) On July 25, Unilever reported quarterly adjusted earnings of $1