Unilever (LON:ULVR) Sets New 1-Year High – What’s Next?

Shares of Unilever PLC (LON:ULVR) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 5,474 and last traded at GBX 5,464, with a volume of 45460234 shares changing hands. The stock had previously closed at GBX 5,420.

Analyst Upgrades and Downgrades

ULVR has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lowered shares of Unilever to a “hold” rating and set a GBX 5,150 price target for the company. in a research note on Monday, February 9th. Berenberg Bank upped their price objective on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the stock a “buy” rating in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of GBX 4,711.67.

Unilever Trading Down 0.3%

The stock has a market cap of £115.87 billion, a PE ratio of 21.09, a PEG ratio of 16.72 and a beta of 0.22. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87. The stock’s fifty day moving average price is GBX 4,926.91 and its 200 day moving average price is GBX 4,685.93.

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.