Unilever (LON:ULVR) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Unilever shares crossed above their 200-day moving average, trading as high as GBX 4,678 ($63.46), with the last recorded price at GBX 4,630 ($62.81).
• Wall Street analysts have mixed views on the stock, with target prices ranging from GBX 3,900 to GBX 5,570, and overall ratings varying from "buy" to "sell."
• The company has a market cap of £113.52 billion and operates in over 190 countries, generating sales of €60.1 billion in 2022.

Unilever PLC (LON:ULVR - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4,598.38 ($62.33) and traded as high as GBX 4,678 ($63.40). Unilever shares last traded at GBX 4,630 ($62.75), with a volume of 3,741,437 shares trading hands.

Analyst Upgrades and Downgrades

ULVR has been the topic of several recent analyst reports. UBS Group reaffirmed a "sell" rating and set a GBX 4,120 price target on shares of Unilever in a research report on Friday, September 5th. Jefferies Financial Group lifted their target price on Unilever from GBX 3,800 to GBX 3,900 and gave the stock an "underperform" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft lifted their target price on Unilever from GBX 4,900 to GBX 5,100 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Royal Bank Of Canada lifted their target price on Unilever from GBX 3,800 to GBX 3,900 and gave the stock an "underperform" rating in a research note on Monday, August 4th. Finally, Berenberg Bank lifted their target price on Unilever from GBX 5,500 to GBX 5,570 and gave the stock a "buy" rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus price target of GBX 4,518.

Unilever Trading Down 0.4%

The company has a current ratio of 0.77, a quick ratio of 0.49 and a debt-to-equity ratio of 155.87. The firm has a market capitalization of £111.39 billion, a P/E ratio of 2,028.10, a P/E/G ratio of 16.72 and a beta of 0.22. The firm has a 50-day moving average of GBX 4,557.88 and a two-hundred day moving average of GBX 4,600.89.

Unilever Company Profile

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.