Unilever (LON:ULVR) Price Target Raised 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 objective upped by Jefferies Financial Group from GBX 3,800 ($51.10) to GBX 3,900 ($52.45) in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm presently has an "underperform" rating on the stock. Jefferies Financial Group's price objective would indicate a potential downside of 13.35% from the stock's current price.

A number of other research analysts also recently issued reports on the stock. Berenberg Bank lifted their price target on shares of Unilever from GBX 5,500 ($73.96) to GBX 5,570 ($74.91) and gave the stock a "buy" rating in a research note on Friday, August 1st. Royal Bank Of Canada lifted their price objective on shares of Unilever from GBX 3,800 ($51.10) to GBX 3,900 ($52.45) and gave the stock an "underperform" rating in a research report on Monday.

Unilever Trading Down 0.5%

LON:ULVR traded down GBX 23 ($0.31) during trading hours on Monday, reaching GBX 4,501 ($60.53). 1,881,395 shares of the stock were exchanged, compared to its average volume of 3,578,523. Unilever has a twelve month low of GBX 4,311 ($57.97) and a twelve month high of GBX 5,034 ($67.70). The business has a 50-day moving average of GBX 4,527.56 and a two-hundred day moving average of GBX 4,587.08. The company has a market capitalization of £132.92 billion, a price-to-earnings ratio of 20.36, 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 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.