Unilever (LON:ULVR) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Key Points

• Deutsche Bank Aktiengesellschaft has raised Unilever's price target from GBX 4,900 to GBX 5,100, reflecting a potential upside of 12.06% from the current stock price.
• Despite positive outlooks, other brokerages like Jefferies and Royal Bank of Canada maintain an "underperform" rating with lower price objectives of GBX 3,900.
• Unilever operates globally in Beauty, Personal Care, Home Care, Nutrition, and Ice Cream sectors, generating sales of €60.1 billion in 2022, with a significant presence in developing markets.

Unilever (LON:ULVR - Get Free Report) had its price objective lifted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 4,900 ($65.46) to GBX 5,100 ($68.13) in a research note issued to investors on Wednesday, MarketBeat reports. The firm presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 12.06% from the stock's current price.

Several other brokerages have also commented on ULVR. Jefferies Financial Group increased their price objective on Unilever from GBX 3,800 ($50.76) to GBX 3,900 ($52.10) and gave the company an "underperform" rating in a report on Monday. Berenberg Bank increased their price objective on Unilever from GBX 5,500 ($73.47) to GBX 5,570 ($74.41) and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada increased their price objective on Unilever from GBX 3,800 ($50.76) to GBX 3,900 ($52.10) and gave the company an "underperform" rating in a report on Monday.

Unilever Stock Performance

Shares of ULVR opened at GBX 4,551 ($60.79) on Wednesday. Unilever has a 12 month low of GBX 4,311 ($57.59) and a 12 month high of GBX 5,034 ($67.25). The stock has a fifty day moving average price of GBX 4,530.63 and a 200-day moving average price of GBX 4,587.61. 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 cap of £134.39 billion, a PE ratio of 20.58, a P/E/G ratio of 16.72 and a beta of 0.22.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.