Unilever (LON:ULVR) Hits New 1-Year High – Still a Buy?

Unilever PLC (LON:ULVR) hit a new 52-week high on Tuesday . The stock traded as high as GBX 5,495 and last traded at GBX 5,495, with a volume of 115681047 shares. The stock had previously closed at GBX 5,462.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ULVR shares. Deutsche Bank Aktiengesellschaft cut Unilever to a “hold” rating and set a GBX 5,150 price objective for the company. in a research note on Monday, February 9th. JPMorgan Chase & Co. lifted their price target on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Finally, Berenberg Bank increased their price objective on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Unilever presently has an average rating of “Reduce” and an average target price of GBX 4,711.67.

Unilever Stock Down 0.7%

The company has a debt-to-equity ratio of 155.87, a quick ratio of 0.49 and a current ratio of 0.77. The firm has a market capitalization of £117.02 billion, a price-to-earnings ratio of 21.29, a PEG ratio of 16.72 and a beta of 0.22. The firm has a fifty day moving average price of GBX 4,983.48 and a 200 day moving average price of GBX 4,717.

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. 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.