Deutsche Bank Aktiengesellschaft Boosts Unilever (LON:ULVR) Price Target to GBX 5,100

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 target upped by Deutsche Bank Aktiengesellschaft from GBX 4,900 ($65.88) to GBX 5,100 ($68.57) in a research note issued on Wednesday, MarketBeat Ratings reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 13.18% from the company's previous close.

Several other equities analysts have also recently commented on ULVR. Royal Bank Of Canada boosted their price target on shares of Unilever from GBX 3,800 ($51.09) to GBX 3,900 ($52.43) and gave the company an "underperform" rating in a report on Monday, August 4th. Jefferies Financial Group lifted their price objective on shares of Unilever from GBX 3,800 ($51.09) to GBX 3,900 ($52.43) and gave the company an "underperform" rating in a research note on Monday, August 4th. Finally, Berenberg Bank lifted their price objective on shares of Unilever from GBX 5,500 ($73.94) to GBX 5,570 ($74.89) and gave the company a "buy" rating in a research note on Friday, August 1st.

Unilever Trading Up 0.1%

LON ULVR traded up GBX 5 ($0.07) on Wednesday, hitting GBX 4,506 ($60.58). 1,286,626 shares of the stock were exchanged, compared to its average volume of 3,563,640. Unilever has a 52-week low of GBX 4,311 ($57.96) and a 52-week high of GBX 5,034 ($67.68). 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 company has a market capitalization of £133.07 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 16.72 and a beta of 0.22. The company's 50-day moving average price is GBX 4,523.44 and its two-hundred day moving average price is GBX 4,586.35.

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.