Unilever (LON:ULVR) Price Target Lowered to GBX 3,800 at Jefferies Financial Group

Key Points

• Jefferies Financial Group has lowered Unilever's target price from GBX 3,900 to GBX 3,800, maintaining an "underperform" rating, indicating a potential downside of 13.68% from the current price.
• The average rating for Unilever is "Reduce" with a target price of GBX 4,498, reflecting mixed analyst sentiment with two "Buy" ratings and three "Sell" ratings.
• Unilever's shares traded slightly upwards to GBX 4,402 amidst significant trading volume, while the company holds a strong market presence with sales in over 190 countries.

Unilever (LON:ULVR - Get Free Report) had its target price cut by investment analysts at Jefferies Financial Group from GBX 3,900 to GBX 3,800 in a research report issued to clients and investors on Wednesday,Digital Look reports. The firm presently has an "underperform" rating on the stock. Jefferies Financial Group's price objective would suggest a potential downside of 13.68% from the company's current price.

ULVR has been the subject of several other reports. UBS Group restated a "sell" rating and issued a GBX 4,120 target price on shares of Unilever in a research report on Friday, September 5th. Royal Bank Of Canada boosted their target price on shares of Unilever from GBX 3,800 to GBX 3,900 and gave the company an "underperform" rating in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Unilever from GBX 4,900 to GBX 5,100 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Finally, Berenberg Bank upped their price objective on shares of Unilever from GBX 5,500 to GBX 5,570 and gave the stock a "buy" rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of GBX 4,498.

Unilever Stock Performance

Shares of ULVR traded up GBX 2 during midday trading on Wednesday, reaching GBX 4,402. The stock had a trading volume of 113,846,375 shares, compared to its average volume of 4,083,635. The firm has a 50 day simple moving average of GBX 4,556.20 and a 200-day simple moving average of GBX 4,593.53. Unilever has a one year low of GBX 4,311 and a one year high of GBX 4,910. The firm has a market cap of £107.93 billion, a PE ratio of 1,965.18, a P/E/G 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.

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.

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