Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUnilever Share News (ULVR)

Share Price Information for Unilever (ULVR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,434.00
Bid: 4,432.00
Ask: 4,433.00
Change: -16.00 (-0.36%)
Spread: 1.00 (0.023%)
Open: 4,456.00
High: 4,457.00
Low: 4,411.00
Prev. Close: 4,450.00
ULVR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Unilever, Tertre Rouge

Sun, 28th Jan 2024 20:25

(Sharecast News) - The Sunday Times's Lucy Tobin tipped shares of Unilever to her readers, arguing that the shares were cheap.

Lower sales volumes on the back of the cost-of-living crisis had sent its shares down to £37, against £50 in 2018 and even beneath the £40m at which Kraft Heinz launched a bid in 2017.

But Tobin said that looked "short-termist", pointing out that the shares had been left changing hands in 16 times forwards earnings.

That compared to a historical average of 24 times.

"It's a cheap entry point," she said.

Furthermore, she judged that Unilever's new chief, Hein Schumacher, was a "safe pair of hands".

Schumacher had already announced plans to focus on Unilever's 30 most profitable brands.

As well, the company's dividend was described as "deeply reliable" and the company's markets were geographically diverse.

Then of course there was the solid track record of activist investor Nelson Peltz.

"The maker of Marmite might inspire a love-it-or-hate-it sentiment in the City, but Unilever looks ripe for an investment comeback. Buy."

The Financial Mail on Sunday's Midas column told investors that Tertre Rouge share offer was worth "a closer look".

The classic car outfit is looking to raise £50m via a share offering at 105p apiece.

Two-thirds of the funds would be spent on a six-car collection, £5m on Run To, a company that caters to classic car owners, and the remainder on other new vehicles, acquisitions and operating costs.

"Luxury goods have had a hard time lately, with demand slacking off as inflation and high interest rates take their toll on consumers' pockets," Midas said.

"Ultra-exclusive classic cars seem to be a different breed. Tertre Rouge offers access to this rarefied market and there is a chance of rubbing shoulders with Formula 1 champions too. At £1.05, this share offer is worth a closer look."

More News
6 Jun 2023 10:34

Unilever starts search for new chair - report

(Sharecast News) - Unilever has reportedly appointed executive search firm Spencer Stuart to seek a new board chair to replace Nils Andersen.

Read more
6 Jun 2023 07:41

PRESS: Unilever starts search to replace Nils Andersen as chair

(Alliance News) - Unilever PLC has appointed executive search firm Spencer Stuart to find a replacement for Chair Nils Andersen, Bloomberg reported on Monday, citing "people familiar with the situation".

Read more
31 May 2023 08:24

Unilever pivots to African suppliers as forex pressure mounts

Pandemic, Ukraine war, currency risk drive up costs

*

Read more
30 May 2023 23:35

Illumina CEO survived Icahn's challenge by more than 2-to-1 margin

NEW YORK, May 30 (Reuters) - Illumina Inc CEO Francis deSouza survived a challenge to his board seat from activist investor Carl Icahn last week by securing more than twice the shareholder votes than the number his challenger received, the company said in a filing on Tuesday.

Read more
30 May 2023 17:05

UK's FTSE 100 falls as energy stocks slip; Unilever weighs

Unilever CFO to retire, shares fall

*

Read more
30 May 2023 16:53

LONDON MARKET CLOSE: FTSE 100 in the red ahead of US debt ceiling vote

(Alliance News) - The FTSE 100 closed firmly in the red on Tuesday despite investors breathing a sigh of relief that an agreement had been reached between US President Joe Biden and House Speaker Kevin McCarthy to temporarily suspend the US debt ceiling.

Read more
30 May 2023 10:58

IN BRIEF: BrandShield joins Philippines anti-fraud agreement

BrandShield Systems PLC - London-based cybersecurity solutions provider - Joins agreement with the Philippine Intellectual Property Authority to establish code of practice for combatting online sales of counterfeit and pirated goods. Agreement aims to protect consumers from buying inferior and potentially dangerous products. BrandShield will work in collaboration with various organisations including Procter & Gamble PLC, Unilever PLC and the British Chamber of Commons of the Philippines, plus e-commerce platforms such as Lazada Group. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. It hopes this will lead to "proactive and effective strategies" to fight intellectual property infringements online.

Read more
30 May 2023 09:12

LONDON MARKET OPEN: Stocks mixed as hopes build for US debt deal

(Alliance News) - Stock prices in London opened mixed on Tuesday as UK and US markets returned from a three-day weekend facing a delayed deadline for raising the US debt ceiling.

Read more
30 May 2023 08:39

Nestle hires LSEG's Anna Manz as CFO

LONDON/BERLIN, May 30 (Reuters) - Nestle, the world's biggest packaged food company, said on Tuesday it had hired the London Stock Exchange Group's (LSEG) finance chief Anna Manz as its new chief financial officer.

Read more
30 May 2023 08:15

Unilever CFO Graeme Pitkethly to leave in May 2024 after two decades

(Alliance News) - Unilever PLC on Tuesday announced that Chief Financial Officer Graeme Pitkethly intends to leave the company at the end of May next year.

Read more
30 May 2023 07:18

Unilever CFO Pitkethly to retire next year

(Sharecast News) - Unilever announced on Tuesday that chief financial officer Graeme Pitkethly plans to retire by the end of May 2024.

Read more
25 May 2023 12:26

DIRECTOR DEALINGS: Unilever South Asia president sells more shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News:

Read more
23 May 2023 18:21

IN BRIEF: Unilever South Asia President Sanjiv Mehta sells shares

Unilever PLC - London-based consumer product company - Says Sanjiv Mehta, President, Unilever South Asia, sells 8,906 shares at EUR49.15 worth EUR437,711, 10,129 shares at GBP42.78 worth GBP433,282 and 14,964 shares at EUR42.79 worth EUR640,348. Sales took place last week Friday.

Read more
15 May 2023 15:01

UK competition watchdog steps up examination of grocery prices

CMA says no evidence pointing to concerns so far

*

Read more
12 May 2023 00:01

With UK food price inflation at 46-year high, lawmakers launch probe

LONDON, May 12 (Reuters) - British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.