Unilever (LON:ULVR) Price Target Raised to GBX 5,570 at Berenberg Bank

Key Points

• Unilever's price target has been raised by Berenberg Bank from GBX 5,500 to GBX 5,570, indicating a potential upside of 23.37% from the current price, along with a "buy" rating on the stock.
• Royal Bank Of Canada has set a lower target price of GBX 3,900 for Unilever, maintaining an "underperform" rating.
• Unilever's current share price is GBX 4,514.72 with a market capitalization of £133.32 billion and it reported sales of €60.1 billion in 2022.

Unilever (LON:ULVR - Free Report) had its price objective upped by Berenberg Bank from GBX 5,500 ($73.96) to GBX 5,570 ($74.91) in a research report released on Friday, August 1st, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Royal Bank Of Canada raised their target price on Unilever from GBX 3,800 ($51.10) to GBX 3,900 ($52.45) and gave the company an "underperform" rating in a report on Monday.

Unilever Stock Down 0.5%

Shares of ULVR traded down GBX 23 ($0.31) during mid-day trading on Friday, reaching GBX 4,501 ($60.53). The company's stock had a trading volume of 1,881,395 shares, compared to its average volume of 3,578,523. The business has a fifty day moving average of GBX 4,527.56 and a 200 day moving average of GBX 4,587.08. The company has a market cap of £132.92 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. Unilever has a 1 year low of GBX 4,311 ($57.97) and a 1 year high of GBX 5,034 ($67.70). The company has a quick ratio of 0.49, a current ratio of 0.77 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.