Unilever (LON:ULVR) Earns “Neutral” Rating from UBS Group

UBS Group reissued their neutral rating on shares of Unilever (LON:ULVR) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a GBX 5,300 ($69.25) price target on the stock.

Several other research analysts have also recently issued reports on the company. Shore Capital reaffirmed an under review rating on shares of Unilever in a report on Thursday, July 25th. JPMorgan Chase & Co. set a GBX 4,700 ($61.41) price target on Unilever and gave the company a sell rating in a report on Thursday, July 25th. Jefferies Financial Group upped their price target on Unilever from GBX 4,900 ($64.03) to GBX 5,030 ($65.73) and gave the company a hold rating in a report on Friday, August 9th. Royal Bank of Canada set a GBX 3,900 ($50.96) price target on Unilever and gave the company a sell rating in a report on Friday, July 12th. Finally, Barclays upped their price target on Unilever from GBX 3,950 ($51.61) to GBX 4,460 ($58.28) and gave the company an underweight rating in a report on Friday, July 26th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. Unilever currently has an average rating of Hold and an average price target of GBX 4,863.50 ($63.55).

LON ULVR opened at GBX 4,910.50 ($64.16) on Wednesday. The stock has a market capitalization of $57.33 billion and a P/E ratio of 19.43. Unilever has a 1 year low of GBX 3,905 ($51.03) and a 1 year high of GBX 5,333 ($69.69). The business’s fifty day moving average is GBX 5,022.04 and its two-hundred day moving average is GBX 4,730.66. The company has a debt-to-equity ratio of 216.37, a quick ratio of 0.60 and a current ratio of 0.81.

The company also recently disclosed a dividend, which was paid on Wednesday, September 11th. Shareholders of record on Thursday, August 8th were given a dividend of GBX 36.82 ($0.48) per share. This represents a yield of 0.75%. This is a boost from Unilever’s previous dividend of $35.46. The ex-dividend date was Thursday, August 8th. Unilever’s payout ratio is presently 0.58%.

About Unilever

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (LON:ULVR)

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