Deutsche Bank Aktiengesellschaft Downgrades Unilever (LON:ULVR) to Hold

Unilever (LON:ULVR) was downgraded by equities research analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a report released on Monday,London Stock Exchange reports. They presently have a GBX 5,150 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 1.90% from the company’s previous close.

Several other research firms have also recently issued reports on ULVR. UBS Group restated a “sell” rating and set a GBX 4,120 price objective on shares of Unilever in a research report on Friday, October 17th. Berenberg Bank increased their price target on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. raised their price target 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. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Unilever presently has an average rating of “Reduce” and a consensus target price of GBX 4,711.67.

Unilever Price Performance

Shares of ULVR opened at GBX 5,250 on Monday. Unilever has a 52-week low of GBX 4,122 and a 52-week high of GBX 5,133. The company has a market capitalization of £114.49 billion, a PE ratio of 20.83, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The stock has a fifty day simple moving average of GBX 4,796.32 and a two-hundred day simple moving average of GBX 4,637.72. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87.

Insider Buying and Selling at Unilever

In related news, insider Zoe Yujnovich bought 1,610 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average price of GBX 4,466 per share, for a total transaction of £71,902.60. Insiders own 1.39% of the company’s stock.

Unilever Company Profile

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.