Unilever (LON:ULVR) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Unilever PLC (LON:ULVR)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,574.83 and traded as high as GBX 4,602. Unilever shares last traded at GBX 4,564.39, with a volume of 2,061,162 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada lifted their price target on Unilever from GBX 3,800 to GBX 3,900 and gave the stock an “underperform” rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Unilever from GBX 5,100 to GBX 5,050 and set a “buy” rating on the stock in a research report on Friday, October 3rd. Jefferies Financial Group reduced their price target 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. UBS Group reaffirmed a “sell” rating and issued a GBX 4,120 price objective on shares of Unilever in a research note on Friday, October 17th. Finally, Berenberg Bank lifted their price objective on shares of Unilever from GBX 5,500 to GBX 5,570 and gave the stock a “buy” rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of GBX 4,488.

Unilever Stock Down 1.1%

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 £110.63 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The business’s 50-day moving average price is GBX 4,550.78 and its 200-day moving average price is GBX 4,574.83.

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.