Jefferies Financial Group Boosts Unilever (LON:ULVR) Price Target to GBX 3,900

Key Points

• Jefferies Financial Group has raised its price target for Unilever from GBX 3,800 to GBX 3,900, indicating a potential downside of 13.66% from its previous close despite maintaining an "underperform" rating.
• Berenberg Bank recently upgraded its price target for Unilever, raising it from GBX 5,500 to GBX 5,570, with a "buy" rating.
• As of Monday, Unilever's shares opened at GBX 4,517, showcasing a market capitalization of £133.39 billion and a 52-week trading range between GBX 4,311 and GBX 5,034.

Unilever (LON:ULVR - Get Free Report) had its price target lifted by equities research analysts at Jefferies Financial Group from GBX 3,800 ($50.46) to GBX 3,900 ($51.79) in a report released on Monday,Digital Look reports. The firm presently has an "underperform" rating on the stock. Jefferies Financial Group's price objective indicates a potential downside of 13.66% from the company's previous close.

A number of other equities research analysts also recently commented on the stock. Berenberg Bank raised their price objective on shares of Unilever from GBX 5,500 ($73.03) to GBX 5,570 ($73.96) and gave the company a "buy" rating in a research report on Friday. Royal Bank Of Canada increased their target price on shares of Unilever from GBX 3,800 ($50.46) to GBX 3,900 ($51.79) and gave the company an "underperform" rating in a report on Monday.

Unilever Price Performance

Shares of LON:ULVR opened at GBX 4,517 ($59.98) on Monday. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87. The company has a market cap of £133.39 billion, a P/E ratio of 20.43, a PEG ratio of 16.72 and a beta of 0.22. Unilever has a 52 week low of GBX 4,311 ($57.24) and a 52 week high of GBX 5,034 ($66.84). The company has a 50-day moving average price of GBX 4,542.36 and a 200 day moving average price of GBX 4,589.43.

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.

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