Unilever (LON:ULVR) had its price objective increased by Berenberg Bank from GBX 4,800 ($62.72) to GBX 5,050 ($65.99) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.
A number of other brokerages have also issued reports on ULVR. Jefferies Financial Group set a GBX 4,380 ($57.23) price target on shares of Unilever and gave the stock a neutral rating in a research note on Thursday, April 18th. Credit Suisse Group boosted their price target on shares of Unilever from GBX 4,085 ($53.38) to GBX 4,325 ($56.51) and gave the stock a neutral rating in a research note on Thursday, April 18th. Barclays reiterated an underweight rating and set a GBX 3,950 ($51.61) price target on shares of Unilever in a research note on Tuesday. UBS Group reiterated a neutral rating and set a GBX 4,300 ($56.19) price target (up from GBX 4,250 ($55.53)) on shares of Unilever in a research note on Monday, April 1st. Finally, Liberum Capital reiterated a hold rating on shares of Unilever in a research note on Thursday, April 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 4,287.73 ($56.03).
Shares of Unilever stock opened at GBX 4,553 ($59.49) on Tuesday. Unilever has a 52-week low of GBX 3,830 ($50.05) and a 52-week high of GBX 4,550.75 ($59.46). The company has a current ratio of 0.78, a quick ratio of 0.46 and a debt-to-equity ratio of 202.45. The stock has a market cap of $52.95 billion and a PE ratio of 18.02.
In related news, insider Mary Ma bought 557 shares of the stock in a transaction on Wednesday, March 13th. The shares were bought at an average cost of GBX 4,153 ($54.27) per share, for a total transaction of £23,132.21 ($30,226.33).
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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