Unilever (LON:ULVR) Price Target Lowered to GBX 3,800 at Jefferies Financial Group

Unilever (LON:ULVR) had its target price cut by Jefferies Financial Group from GBX 3,900 to GBX 3,800 in a research note released on Wednesday morning, MarketBeat reports. They currently have an underperform rating on the stock.

Several other research firms have also weighed in on ULVR. UBS Group reiterated a “sell” rating and issued a GBX 4,120 price objective on shares of Unilever in a research note on Friday, September 5th. Royal Bank Of Canada upped their price objective on Unilever from GBX 3,800 to GBX 3,900 and gave the company an “underperform” rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft upped their price objective on Unilever from GBX 4,900 to GBX 5,100 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Berenberg Bank upped their price objective on Unilever from GBX 5,500 to GBX 5,570 and gave the company a “buy” rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of GBX 4,488.

Unilever Trading Up 0.2%

Shares of ULVR opened at GBX 4,392 on Wednesday. Unilever has a 12-month low of GBX 4,311 and a 12-month high of GBX 4,910. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87. The firm has a market capitalization of £107.69 billion, a price-to-earnings ratio of 1,960.71, a P/E/G ratio of 16.72 and a beta of 0.22. The stock’s 50-day moving average price is GBX 4,550.84 and its 200 day moving average price is GBX 4,589.53.

Unilever Company Profile

Unilever is one of the world’s leading suppliers of Beauty, Personal Care, Home Care, Nutrition, and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €60.1 billion in 2022. 59% of our footprint is in developing and emerging markets.