Unilever (LON:ULVR)’s stock had its “underweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, Analyst Price Targets reports. They currently have a GBX 3,600 ($48.96) target price on the stock. JPMorgan Chase & Co.’s price target would suggest a potential downside of 6.31% from the company’s previous close.
A number of other analysts also recently commented on ULVR. Royal Bank of Canada raised shares of Unilever to a “sector perform” rating and boosted their price objective for the stock from GBX 3,400 ($46.24) to GBX 3,600 ($48.96) in a report on Tuesday, February 15th. Sanford C. Bernstein set a GBX 3,500 ($47.60) price objective on shares of Unilever in a report on Thursday, February 10th. UBS Group set a GBX 3,400 ($46.24) price objective on shares of Unilever in a report on Monday, February 14th. Deutsche Bank Aktiengesellschaft set a GBX 4,600 ($62.56) price objective on shares of Unilever in a report on Monday, February 14th. Finally, Jefferies Financial Group set a GBX 4,700 ($63.92) price objective on shares of Unilever in a report on Wednesday, February 16th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 4,166.67 ($56.67).
Shares of LON:ULVR opened at GBX 3,842.61 ($52.26) on Wednesday. The company has a market cap of £98.61 billion and a price-to-earnings ratio of 19.78. The firm’s 50-day simple moving average is GBX 3,867.29 and its 200-day simple moving average is GBX 3,931.61. The company has a quick ratio of 0.41, a current ratio of 0.70 and a debt-to-equity ratio of 152.60. Unilever has a fifty-two week low of GBX 3,450 ($46.92) and a fifty-two week high of GBX 4,388 ($59.68).
In other news, insider Adrian Hennah acquired 4,000 shares of the business’s stock in a transaction dated Friday, February 11th. The stock was acquired at an average price of GBX 3,763 ($51.18) per share, with a total value of £150,520 ($204,705.56). Also, insider Strive Masiyiwa acquired 520 shares of the business’s stock in a transaction dated Tuesday, February 15th. The stock was purchased at an average cost of GBX 3,834 ($52.14) per share, with a total value of £19,936.80 ($27,113.83). In the last three months, insiders bought 4,526 shares of company stock valued at $17,069,029.
About Unilever
Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond’s, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.