Liberum Capital Upgrades Unilever (LON:ULVR) to Buy

Unilever (LON:ULVR) was upgraded by equities researchers at Liberum Capital to a “buy” rating in a note issued to investors on Monday, Stock Target Advisor reports. The brokerage currently has a GBX 5,100 ($66.64) target price on the stock, up from their prior target price of GBX 4,375 ($57.17). Liberum Capital’s price target suggests a potential upside of 12.72% from the company’s current price.

A number of other research firms have also recently commented on ULVR. Shore Capital reiterated an “under review” rating on shares of Unilever in a report on Thursday, October 17th. Jefferies Financial Group set a GBX 5,030 ($65.73) target price on Unilever and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Goldman Sachs Group reaffirmed a “buy” rating and issued a GBX 5,400 ($70.56) price target on shares of Unilever in a research note on Friday, November 15th. Royal Bank of Canada set a GBX 3,900 ($50.96) price target on Unilever and gave the stock a “sell” rating in a report on Thursday, October 17th. Finally, Sanford C. Bernstein set a GBX 5,500 ($71.87) price objective on Unilever and gave the stock a “buy” rating in a research report on Thursday, October 17th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. Unilever presently has a consensus rating of “Hold” and a consensus price target of GBX 4,899 ($64.01).

Shares of LON ULVR opened at GBX 4,524.50 ($59.12) on Monday. The company has a 50 day simple moving average of GBX 4,592.95 and a 200-day simple moving average of GBX 4,856.25. The company has a market capitalization of $52.72 billion and a P/E ratio of 17.90. The company has a debt-to-equity ratio of 216.37, a current ratio of 0.81 and a quick ratio of 0.60. Unilever has a 1 year low of GBX 3,905 ($51.03) and a 1 year high of GBX 5,333 ($69.69).

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.

Featured Article: Golden Cross

Analyst Recommendations for Unilever (LON:ULVR)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with's FREE daily email newsletter.