Unilever (LON:ULVR) had its price objective reduced by research analysts at Royal Bank of Canada from GBX 3,700 ($48.34) to GBX 3,600 ($47.03) in a report released on Thursday, Price Targets.com reports. The brokerage currently has an “underperform” rating on the stock. Royal Bank of Canada’s price target indicates a potential downside of 12.30% from the company’s previous close.
Several other equities analysts have also recently issued reports on ULVR. Citigroup restated a “buy” rating on shares of Unilever in a research note on Tuesday, June 29th. JPMorgan Chase & Co. set a GBX 4,600 ($60.10) target price on shares of Unilever in a research note on Thursday. Berenberg Bank restated a “neutral” rating and set a GBX 4,600 ($60.10) target price (up previously from GBX 4,550 ($59.45)) on shares of Unilever in a research note on Tuesday, May 4th. Deutsche Bank Aktiengesellschaft set a GBX 5,500 ($71.86) target price on shares of Unilever and gave the stock a “buy” rating in a research note on Friday, April 30th. Finally, Credit Suisse Group set a GBX 4,800 ($62.71) target price on shares of Unilever and gave the stock a “buy” rating in a research note on Monday, April 26th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 4,482.50 ($58.56).
ULVR opened at GBX 4,105 ($53.63) on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.79 and a debt-to-equity ratio of 154.66. The company has a market cap of £107.18 billion and a PE ratio of 22.43. The company’s 50-day moving average is GBX 4,282.75. Unilever has a 52-week low of GBX 3,721 ($48.62) and a 52-week high of GBX 4,944 ($64.59).
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, TRESemmÃ©, and Vaseline brands.
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