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Bank of America Securities reiterated a Buy rating on Unilever, with a price target of p5,300.
Bank of America Securities reiterated a Buy rating on Unilever with a p5,300 price target.
KEY POINTS
- Berenberg Bank maintained a Hold rating on Unilever, contrasting other firms' Buy recommendations.
- Unilever's latest quarterly revenue declined to p20.35 billion from p29.64 billion year-over-year.
- Despite lower revenue, Unilever's net profit rose to p2.58 billion from p2.04 billion last year.
- Corporate insider sentiment on Unilever is negative, with increased insider selling observed this quarter.
COMPANIES
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