Unilever (LON:ULVR) Price Target Raised to GBX 5,600 at Berenberg Bank

Unilever (LON:ULVR) had its target price hoisted by Berenberg Bank from GBX 5,530 to GBX 5,600 in a report published on Friday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

ULVR has been the topic of several other reports. Deutsche Bank Aktiengesellschaft dropped their target price on 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 dropped their price objective on shares of Unilever from GBX 3,900 to GBX 3,800 and set an “underperform” rating on the stock in a report on Wednesday, October 1st. UBS Group restated a “sell” rating and set a GBX 4,120 target price on shares of Unilever in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. increased 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. Three investment analysts have rated the stock with a Buy rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 4,695.

Unilever Stock Performance

Shares of ULVR opened at GBX 4,761.50 on Friday. The company has a debt-to-equity ratio of 155.87, a current ratio of 0.77 and a quick ratio of 0.49. Unilever has a one year low of GBX 4,122 and a one year high of GBX 4,930. The firm has a market capitalization of £103.83 billion, a P/E ratio of 18.89, a PEG ratio of 16.72 and a beta of 0.22. The business has a fifty day moving average of GBX 4,681.18 and a 200 day moving average of GBX 4,588.33.

Insider Transactions at Unilever

In related news, insider Zoe Yujnovich acquired 1,610 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average cost of GBX 4,466 per share, with a total value of £71,902.60. Insiders own 1.37% 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.