Unilever's (ULVR) Sell Rating Reaffirmed at UBS Group

Key Points

• UBS Group has reiterated a sell rating for Unilever, with a target price of GBX 4,120, indicating a potential downside of 13.41% from its previous close.
• While UBS holds a negative outlook, other analysts such as Deutsche Bank and Berenberg Bank provided buy ratings with higher target prices, reflecting mixed sentiments about Unilever's stock.
• Unilever currently trades near GBX 4,758, with a market capitalization of £116.66 billion and has experienced a 12-month price fluctuation between GBX 4,311 and GBX 5,034.

Unilever (LON:ULVR - Get Free Report)'s stock had its "sell" rating reiterated by UBS Group in a report issued on Friday, MarketBeat.com reports. They currently have a GBX 4,120 price target on the stock. UBS Group's price objective suggests a potential downside of 13.61% from the company's current price.

A number of other analysts also recently commented on ULVR. Royal Bank Of Canada boosted their target price on shares of Unilever from GBX 3,800 to GBX 3,900 and gave the stock an "underperform" rating in a report on Monday, August 4th. Berenberg Bank boosted their target price on shares of Unilever from GBX 5,500 to GBX 5,570 and gave the stock a "buy" rating in a report on Friday, August 1st. Jefferies Financial Group upped their price objective on shares of Unilever from GBX 3,800 to GBX 3,900 and gave the company an "underperform" rating in a research note on Monday, August 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Unilever from GBX 4,900 to GBX 5,100 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Unilever currently has a consensus rating of "Reduce" and a consensus price target of GBX 4,518.

Unilever Price Performance

ULVR traded down GBX 32 on Friday, reaching GBX 4,769. The company had a trading volume of 1,328,346,625 shares, compared to its average volume of 11,220,184. The company has a fifty day moving average of GBX 4,534.41 and a 200-day moving average of GBX 4,593.13. The company has a market capitalization of £116.93 billion, a P/E ratio of 2,129.02, a PEG ratio of 16.72 and a beta of 0.22. The company has a current ratio of 0.77, a quick ratio of 0.49 and a debt-to-equity ratio of 155.87. Unilever has a one year low of GBX 4,311 and a one year high of GBX 5,034.

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.