Unilever PLC (LON:ULVR) Receives Average Recommendation of “Hold” from Brokerages

Shares of Unilever PLC (LON:ULVR) have been given an average rating of “Hold” by the six brokerages that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 4,690.

A number of analysts have issued reports on the company. Royal Bank Of Canada raised their price target on Unilever from GBX 3,800 to GBX 3,900 and gave the stock an “underperform” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the company an “overweight” rating in a report on Wednesday. UBS Group reaffirmed a “sell” rating and set a GBX 4,120 price target on shares of Unilever in a research report on Friday, October 17th. Berenberg Bank lifted their price target on shares of Unilever from GBX 5,500 to GBX 5,570 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of 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.

Unilever Trading Down 0.7%

Shares of ULVR stock traded down GBX 31 during mid-day trading on Wednesday, hitting GBX 4,521. 4,361,389 shares of the company’s stock were exchanged, compared to its average volume of 7,168,202. The stock has a market cap of £110.85 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 16.72 and a beta of 0.22. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87. Unilever has a fifty-two week low of GBX 4,311 and a fifty-two week high of GBX 4,910. The stock has a 50-day simple moving average of GBX 4,529.81 and a two-hundred day simple moving average of GBX 4,559.84.

Insider Buying and Selling

In other news, insider Zoe Yujnovich acquired 1,610 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were bought at an average cost of GBX 4,466 per share, for a total transaction of £71,902.60. 1.37% of the stock is owned by corporate insiders.

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.