Unilever (LON:ULVR) Cut to “Hold” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft lowered shares of Unilever (LON:ULVR) to a hold rating in a research note published on Monday, Marketbeat Ratings reports. The brokerage currently has GBX 5,150 price target on the stock.

A number of other analysts also recently issued reports on ULVR. Berenberg Bank lifted their price objective on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a report on Friday, January 16th. UBS Group reaffirmed a “sell” rating and issued a GBX 4,120 target price on shares of Unilever in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. boosted 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 report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Unilever presently has an average rating of “Reduce” and a consensus price target of GBX 4,711.67.

Unilever Stock Up 1.4%

LON:ULVR opened at GBX 5,320 on Monday. The stock has a 50-day simple moving average of GBX 4,842.58 and a 200 day simple moving average of GBX 4,653.20. Unilever has a 52-week low of GBX 4,122 and a 52-week high of GBX 5,328. The company has a market cap of £116.01 billion, a PE ratio of 21.11, a PEG ratio of 16.72 and a beta of 0.22. The company has a debt-to-equity ratio of 155.87, a quick ratio of 0.49 and a current ratio of 0.77.

Insider Activity at Unilever

In other Unilever news, insider Zoe Yujnovich bought 1,610 shares of Unilever stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of GBX 4,466 per share, for a total transaction of £71,902.60. Corporate insiders own 1.39% of the company’s stock.

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.