Brokerages Set Unilever PLC (LON:ULVR) PT at GBX 4,690

Shares of Unilever PLC (LON:ULVR) have earned an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 4,690.

Several equities analysts have commented on the stock. UBS Group restated a “sell” rating and issued a GBX 4,120 price target on shares of Unilever in a research note on Friday, October 17th. JPMorgan Chase & Co. raised 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. Jefferies Financial Group dropped their price objective on Unilever from GBX 3,900 to GBX 3,800 and set an “underperform” rating on the stock in a report on Wednesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Unilever from GBX 5,100 to GBX 5,050 and set a “buy” rating for the company in a research note on Friday, October 3rd.

Insider Buying and Selling at Unilever

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

Unilever Stock Performance

Shares of Unilever stock opened at GBX 4,838 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. The stock has a market capitalization of £118.62 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The business has a 50-day moving average of GBX 4,638.22 and a 200 day moving average of GBX 4,566.69. Unilever has a 12 month low of GBX 4,122 and a 12 month high of GBX 4,930.

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.