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

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 - Get Free Report) had its price target hoisted by research analysts at Berenberg Bank from GBX 5,500 ($73.03) to GBX 5,570 ($73.96) in a research note issued to investors on Friday,Digital Look reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's price objective would indicate a potential upside of 23.37% from the stock's current price.

Separately, Royal Bank Of Canada raised their target price on Unilever from GBX 3,800 ($50.46) to GBX 3,900 ($51.79) and gave the company an "underperform" rating in a report on Monday.

Unilever Trading Up 0.2%

Shares of LON:ULVR opened at GBX 4,514.72 ($59.95) on Friday. The company has a market capitalization of £133.32 billion, a P/E ratio of 20.42, a P/E/G ratio of 16.72 and a beta of 0.22. Unilever has a 1 year low of GBX 4,311 ($57.24) and a 1 year high of GBX 5,034 ($66.84). The company has a debt-to-equity ratio of 155.87, a current ratio of 0.77 and a quick ratio of 0.49. The business's 50 day simple moving average is GBX 4,542.36 and its 200 day simple moving average is GBX 4,589.43.

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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