Unilever PLC (LON:ULVR) Receives Consensus Recommendation of “Reduce” from Brokerages

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

A number of brokerages have weighed in on ULVR. Deutsche Bank Aktiengesellschaft cut shares of Unilever to a “hold” rating and set a GBX 5,150 price target on the stock. in a research report on Monday, February 9th. 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. Finally, Berenberg Bank increased their price target on Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a report on Friday, January 16th.

Unilever Stock Performance

LON ULVR opened at GBX 5,021 on Friday. The company has a debt-to-equity ratio of 190.62, a current ratio of 0.79 and a quick ratio of 0.49. Unilever has a 1-year low of GBX 4,122 and a 1-year high of GBX 5,526. 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. The business’s 50-day simple moving average is GBX 5,028.57 and its 200-day simple moving average is GBX 4,745.66.

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. 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.