Analysts Set Unilever PLC (LON:ULVR) Price Target at GBX 4,690

Unilever PLC (LON:ULVR) has earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 4,695.

A number of brokerages recently weighed in on ULVR. JPMorgan Chase & Co. boosted their price objective on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Berenberg Bank boosted their price target on Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Unilever from GBX 5,100 to GBX 5,050 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Jefferies Financial Group cut their target price on shares of Unilever from GBX 3,900 to GBX 3,800 and set an “underperform” rating for the company in a research report on Wednesday, October 1st. Finally, UBS Group reaffirmed a “sell” rating and set a GBX 4,120 target price on shares of Unilever in a report on Friday, October 17th.

Insider Activity at Unilever

In related news, insider Zoe Yujnovich bought 1,610 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average cost of GBX 4,466 per share, with a total value of £71,902.60. 1.37% of the stock is owned by company insiders.

Unilever Price Performance

Shares of LON:ULVR opened at GBX 4,807 on Thursday. The company has a debt-to-equity ratio of 155.87, a current ratio of 0.77 and a quick ratio of 0.49. The company has a market capitalization of £104.83 billion, a PE ratio of 19.08, a PEG ratio of 16.72 and a beta of 0.22. Unilever has a 1-year low of GBX 4,122 and a 1-year high of GBX 4,930. The business has a fifty day moving average price of GBX 4,689.67 and a 200-day moving average price of GBX 4,595.04.

About Unilever

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. We have around 400 brands found in homes all over the world, 13 of which are in the top 50 consumer goods brands. Some of our iconic global brands include Dove, Hellmann’s, Knorr, Magnum, OMO and Surf.

Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance.