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%.
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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