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Home / Support and Resistance / Unilever PLC (ULVR.L) 13-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Unilever PLC (ULVR.L) 13-12-19

Will Unilever PLC (ULVR.L) break below the 4495p support, or bounce to highs at 5324p (+18%)?

 

  • Currently trading around the 4495p support at 4494.5p (at time of writing).
  • Will the shares rally to recent highs of 5324p? (+18%).
  • Shares -15% from 12-month highs; +14% from 12 month lows.

Latest News

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).

13 Nov:  Unilever, the Consumer goods group, announced that Marijn Dekkers, the Chairman, would leave his role with immediately. The role would be filled by Nils Andersen, a current non-executive Director.

18 Oct:  Barclays Capital reiterates its underweight rating on Unilever (ULVR) and reduced the target price to 4340p (from 4460p).

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

 

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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