Unilever (LON:ULVR) Upgraded by Liberum Capital to Buy

Liberum Capital upgraded shares of Unilever (LON:ULVR) to a buy rating in a report released on Monday morning, Stock Target Advisor reports. Liberum Capital currently has GBX 5,100 ($66.64) target price on the stock, up from their prior target price of GBX 4,375 ($57.17).

ULVR has been the subject of a number of other research reports. Credit Suisse Group cut their price target on Unilever from GBX 5,210 ($68.08) to GBX 5,200 ($67.95) and set an outperform rating for the company in a research note on Tuesday, October 15th. Goldman Sachs Group restated a buy rating and issued a GBX 5,400 ($70.56) price objective on shares of Unilever in a research report on Friday, November 15th. Barclays dropped their price objective on Unilever from GBX 4,460 ($58.28) to GBX 4,340 ($56.71) and set an underweight rating for the company in a research note on Friday, October 18th. Berenberg Bank reiterated a buy rating and set a GBX 5,350 ($69.91) target price on shares of Unilever in a research report on Wednesday, October 16th. Finally, Sanford C. Bernstein set a GBX 5,500 ($71.87) target price on Unilever and gave the company a buy rating in a research note on Thursday, October 17th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 4,899 ($64.01).

ULVR opened at GBX 4,484 ($58.59) on Monday. The stock has a market cap of $52.25 billion and a price-to-earnings ratio of 17.74. The company has a debt-to-equity ratio of 216.37, a quick ratio of 0.60 and a current ratio of 0.81. The firm’s fifty day moving average is GBX 4,588.59 and its 200 day moving average is GBX 4,853.37. Unilever has a fifty-two week low of GBX 3,905 ($51.03) and a fifty-two week high of GBX 5,333 ($69.69).

The business also recently declared a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st were paid a GBX 35.76 ($0.47) dividend. This represents a yield of 0.77%. The ex-dividend date was Thursday, October 31st. Unilever’s payout ratio is currently 0.57%.

Unilever Company Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (LON:ULVR)

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