NEW! Investment Companies Centre
Ocean Finance Loans:
£19,756m
105.00p ()
2,789.00p
Date: Thursday 04 Sep 2008
LONDON (ShareCast) - News that Unilever has poached Paul Polman as chief executive from Nestle was tempered slightly by Lehman Brothers downgrading the food and household goods giant to ‘underweight’ from ‘equal-weight’.
The broker also cut its target price on Unilever to €19.4 from €22.8.
Elsewhere in the household goods and food sector, Lehman trimmed its target price on Reckitt Benckiser, the company behind brands such as Finish dishwasher tablets and French’s mustard, by 55p to 2,945p. It keeps its ‘equal-weight’ stance on the stock.
However, it raised its target price on Cadbury to 800p from 716p, maintaining its ‘overweight’ rating.
| Currency | UK Pounds |
| Share Price | 2,789.00p ![]() |
| Change Today | +105.00p |
| 52 Week High | 3,010.00 |
| 52 Week Low | 2,314.00 |
| Volume | 2,374,774 |
| Shares Issued | 708.37m |
| Market Cap | £19,756m |
| Beta | 0.58 |
| RiskGrade | 264 |
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| Strong Buy | 7 |
| Buy | 5 |
| Neutral | 5 |
| Sell | 1 |
| Strong Sell | 0 |
| Total | 18 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 06-Aug-08 | 27-Feb-08 |
| Paid | 25-Sep-08 | 29-May-08 |
| Amount | 32.00p | 30.00p |
| Time | Volume / Share Price |
| 17:14 | 2,000 @ 2,760.00p |
| 17:06 | 4,944 @ 2,763.73p |
| 16:54 | 3,110 @ 2,674.70p |
| 16:46 | 1,900 @ 2,789.00p |
| 16:42 | 9,300 @ 2,789.00p |
| CFO | Colin R Day |
| CEO | Lambertus H J Becht |
| CEO | Bart Becht |