Unilever PLC (LON:ULVR) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Unilever PLC (LON:ULVR) have been given a consensus recommendation of “Reduce” by the six brokerages that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 4,711.67.

Several research firms recently issued reports on ULVR. Deutsche Bank Aktiengesellschaft downgraded shares of Unilever to a “hold” rating and set a GBX 5,150 price target on the stock. in a research note on Monday, February 9th. Berenberg Bank lifted their target price on Unilever from GBX 5,530 to GBX 5,600 and gave the stock a “buy” rating in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. increased their price target on Unilever from GBX 5,400 to GBX 5,700 and gave the company an “overweight” rating in a report on Wednesday, November 26th.

Unilever Trading Down 0.7%

ULVR opened at GBX 5,021 on Friday. The firm’s 50 day moving average is GBX 5,028.57 and its 200-day moving average is GBX 4,745.66. Unilever has a 52-week low of GBX 4,122 and a 52-week high of GBX 5,526. The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 190.62. The firm has a market capitalization of £109.49 billion, a P/E ratio of 19.92, a P/E/G ratio of 16.72 and a beta of 0.24.

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. We have around 400 brands found in homes all over the world, 13 of which are in the top 50 consumer goods brands. Some of our iconic global brands include Dove, Hellmann’s, Knorr, Magnum, OMO and Surf.

Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance.