Unilever's (ULVR) "Buy" Rating Reiterated at Berenberg Bank

Unilever (LON:ULVR - Get Free Report)'s stock had its "buy" rating restated by analysts at Berenberg Bank in a research note issued on Thursday, MarketBeat reports. They presently have a GBX 4,960 ($61.26) price objective on the stock. Berenberg Bank's price objective suggests a potential upside of 20.01% from the stock's previous close.

A number of other equities analysts have also commented on ULVR. Barclays reaffirmed an "overweight" rating and set a GBX 4,600 ($56.82) price target on shares of Unilever in a research report on Monday, April 8th. Jefferies Financial Group reaffirmed an "underperform" rating and set a GBX 3,400 ($42.00) price target on shares of Unilever in a research report on Wednesday, March 20th.

Unilever Stock Performance

LON:ULVR traded up GBX 51 ($0.63) during mid-day trading on Thursday, reaching GBX 4,133 ($51.05). 3,615,049 shares of the company's stock were exchanged, compared to its average volume of 3,784,433. Unilever has a one year low of GBX 3,680.50 ($45.46) and a one year high of GBX 4,483.25 ($55.38). The firm has a market capitalization of £103.74 billion, a PE ratio of 1,878.64, a price-to-earnings-growth ratio of 14.44 and a beta of 0.17. The business's fifty day simple moving average is GBX 3,897.46 and its two-hundred day simple moving average is GBX 3,868.62. The company has a debt-to-equity ratio of 142.66, a quick ratio of 0.49 and a current ratio of 0.76.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.