Unilever (LON:ULVR) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Unilever's stock price recently surpassed its 200-day moving average of GBX 4,582.85, reaching a high of GBX 4,704 during trading.
• Analysts have mixed ratings for Unilever, with two giving a buy rating and two an underperform rating, resulting in an average rating of "Hold" and a consensus target price of GBX 4,617.50.
• The company has a market capitalization of £137.67 billion and a PE ratio of 21.09, indicating ongoing interest in its financial performance.

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 4,582.85 ($61.96) and traded as high as GBX 4,704 ($63.59). Unilever shares last traded at GBX 4,662 ($63.03), with a volume of 3,164,606 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Royal Bank Of Canada upped their price objective on Unilever from GBX 3,800 to GBX 3,900 and gave the company an "underperform" rating in a report on Monday, August 4th. Berenberg Bank upped their price objective on Unilever from GBX 5,500 to GBX 5,570 and gave the company a "buy" rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft boosted their target price on 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, Jefferies Financial Group upped their target price on Unilever from GBX 3,800 to GBX 3,900 and gave the company an "underperform" rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, Unilever presently has an average rating of "Hold" and a consensus target price of GBX 4,617.50.

Unilever Stock Performance

The firm has a market capitalization of £137.67 billion, a PE ratio of 21.09, a P/E/G ratio of 16.72 and a beta of 0.22. 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 firm has a fifty day moving average price of GBX 4,508.51 and a 200 day moving average price of GBX 4,582.85.

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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