Goldman Sachs Group set a GBX 5,500 ($71.87) price target on Unilever (LON:ULVR) in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently weighed in on ULVR. Berenberg Bank reiterated a buy rating and issued a GBX 5,350 ($69.91) price objective on shares of Unilever in a research note on Wednesday. JPMorgan Chase & Co. set a GBX 4,530 ($59.19) price objective on shares of Unilever and gave the stock a sell rating in a research note on Thursday, September 26th. Sanford C. Bernstein set a GBX 5,500 ($71.87) price objective on shares of Unilever and gave the stock a buy rating in a research note on Thursday, October 3rd. Jefferies Financial Group set a GBX 5,030 ($65.73) price objective on shares of Unilever and gave the stock a neutral rating in a research note on Wednesday, September 25th. Finally, Credit Suisse Group dropped their price objective on shares of Unilever from GBX 5,210 ($68.08) to GBX 5,200 ($67.95) and set an outperform rating for the company in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 4,893.50 ($63.94).
Unilever stock traded down GBX 26.50 ($0.35) during midday trading on Thursday, hitting GBX 4,626 ($60.45). The company’s stock had a trading volume of 2,066,633 shares, compared to its average volume of 2,750,000. Unilever has a 1-year low of GBX 3,905 ($51.03) and a 1-year high of GBX 5,333 ($69.69). The company has a debt-to-equity ratio of 216.37, a current ratio of 0.81 and a quick ratio of 0.60. The company has a 50-day moving average price of GBX 4,920.09 and a two-hundred day moving average price of GBX 4,836.16. The company has a market cap of $53.81 billion and a price-to-earnings ratio of 18.31.
The firm also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st will be paid a GBX 35.76 ($0.47) dividend. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, October 31st. Unilever’s dividend payout ratio (DPR) is 0.58%.
Unilever Company Profile
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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