Berenberg Bank reaffirmed their buy rating on shares of Unilever (LON:ULVR) in a research note released on Wednesday morning, Digital Look reports. The brokerage currently has a GBX 5,350 ($69.91) price objective on the stock.
A number of other equities analysts also recently issued reports on the company. Credit Suisse Group dropped their price target on Unilever from GBX 5,210 ($68.08) to GBX 5,200 ($67.95) and set an outperform rating on the stock in a research report on Tuesday. UBS Group reissued a neutral rating and set a GBX 4,850 ($63.37) price target on shares of Unilever in a research report on Thursday, October 10th. JPMorgan Chase & Co. set a GBX 4,530 ($59.19) price target on Unilever and gave the stock a sell rating in a research report on Thursday, September 26th. Liberum Capital increased their price target on Unilever from GBX 4,350 ($56.84) to GBX 4,735 ($61.87) and gave the stock a hold rating in a research report on Tuesday, July 30th. Finally, Shore Capital reissued an under review rating on shares of Unilever in a research report on Thursday, July 25th. Three analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 4,905.50 ($64.10).
Shares of ULVR traded up GBX 51.50 ($0.67) during midday trading on Wednesday, reaching GBX 4,660 ($60.89). 2,089,739 shares of the stock were exchanged, compared to its average volume of 2,750,000. Unilever has a 52 week low of GBX 3,905 ($51.03) and a 52 week high of GBX 5,333 ($69.69). The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 216.37. The company’s 50 day moving average is GBX 4,928.94 and its two-hundred day moving average is GBX 4,834.88. The company has a market capitalization of $53.81 billion and a P/E ratio of 18.44.
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.
Recommended Story: Why is the price target of stocks important?
Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.