Jefferies Financial Group Raises Unilever (LON:ULVR) Price Target to GBX 5,030

Unilever (LON:ULVR) had its target price increased by Jefferies Financial Group from GBX 4,900 ($64.03) to GBX 5,030 ($65.73) in a research report released on Friday morning, Digital Look reports. The brokerage currently has a hold rating on the stock.

Other equities research analysts also recently issued reports about the company. Berenberg Bank increased their price objective on Unilever from GBX 4,800 ($62.72) to GBX 5,050 ($65.99) and gave the stock a buy rating in a research note on Tuesday, April 23rd. UBS Group reissued a neutral rating on shares of Unilever in a research note on Friday, July 19th. Credit Suisse Group raised Unilever to an outperform rating and increased their price objective for the stock from GBX 4,325 ($56.51) to GBX 5,060 ($66.12) in a research note on Friday, May 3rd. Royal Bank of Canada set a GBX 3,900 ($50.96) price objective on Unilever and gave the stock a sell rating in a research note on Friday, July 12th. Finally, JPMorgan Chase & Co. set a GBX 4,700 ($61.41) price objective on Unilever and gave the stock a sell rating in a research note on Thursday, July 25th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 4,723.50 ($61.72).

Shares of Unilever stock opened at GBX 4,927.50 ($64.39) on Friday. The business has a 50-day simple moving average of GBX 4,967.96. The stock has a market cap of $57.53 billion and a P/E ratio of 19.50. The company has a debt-to-equity ratio of 216.37, a quick ratio of 0.60 and a current ratio of 0.81. Unilever has a 1 year low of GBX 3,905 ($51.03) and a 1 year high of GBX 5,122 ($66.93).

The company also recently declared a dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 36.82 ($0.48) per share. The ex-dividend date is Thursday, August 8th. This is an increase from Unilever’s previous dividend of $35.46. This represents a dividend yield of 0.75%. Unilever’s dividend payout ratio (DPR) is 0.58%.

About Unilever

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.

Featured Story: What does RSI mean?

Analyst Recommendations for Unilever (LON:ULVR)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.