Unilever’s (ULVR) “Underweight” Rating Reaffirmed at JPMorgan Chase & Co.

Unilever’s (ULVR) “Underweight” Rating Reaffirmed at JPMorgan Chase & Co.

Unilever (LON:ULVR – Get Rating)’s stock had its “underweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Marketbeat.com reports.

A number of other equities research analysts have also recently commented on ULVR. Barclays decreased their price target on Unilever from GBX 4,600 ($56.71) to GBX 4,000 ($49.32) and set an “equal weight” rating for the company in a research note on Wednesday, April 6th. UBS Group set a GBX 3,400 ($41.92) target price on shares of Unilever in a research report on Thursday, May 5th. Credit Suisse Group set a GBX 4,600 ($56.71) price target on shares of Unilever in a report on Wednesday, March 30th. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 3,400 ($41.92) price objective on shares of Unilever in a report on Wednesday, May 4th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 4,600 ($56.71) target price on Unilever in a research note on Monday, February 14th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Unilever currently has an average rating of “Hold” and a consensus price target of GBX 3,935.83 ($48.52).

Shares of ULVR opened at GBX 3,728 ($45.96) on Thursday. The company has a 50 day moving average of GBX 3,496.85 and a two-hundred day moving average of GBX 3,742.45. The company has a market cap of £95.37 billion and a price-to-earnings ratio of 18.75. The company has a quick ratio of 0.38, a current ratio of 0.70 and a debt-to-equity ratio of 152.60. Unilever has a twelve month low of GBX 3,267.50 ($40.28) and a twelve month high of GBX 4,388 ($54.10).

In other news, insider Strive Masiyiwa purchased 520 shares of the stock in a transaction that occurred on Tuesday, February 15th. The shares were purchased at an average cost of GBX 3,834 ($47.27) per share, with a total value of £19,936.80 ($24,579.95). Also, insider Adrian Hennah acquired 4,000 shares of the business’s stock in a transaction on Friday, February 11th. The stock was purchased at an average cost of GBX 3,763 ($46.39) per share, with a total value of £150,520 ($185,575.14).

Unilever Company Profile (Get Rating)

Unilever PLC operates as a fast-moving consumer goods company. 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. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

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