Unilever (LON:ULVR) PT Raised to GBX 4,370 at Barclays

Unilever (LON:ULVR) had its price target increased by Barclays from GBX 4,310 ($53.04) to GBX 4,370 ($53.78) in a research note issued to investors on Monday, Marketbeat.com reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential upside of 0.34% from the stock’s previous close.

Several other brokerages have also weighed in on ULVR. Jefferies Financial Group restated a “buy” rating and set a GBX 4,600 ($56.61) price target on shares of Unilever in a research note on Friday, June 12th. Goldman Sachs Group raised their price target on Unilever from GBX 4,800 ($59.07) to GBX 4,900 ($60.30) and gave the stock a “buy” rating in a research note on Monday, June 15th. JPMorgan Chase & Co. set a GBX 4,300 ($52.92) price target on Unilever and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Credit Suisse Group restated an “outperform” rating on shares of Unilever in a research note on Wednesday, May 13th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 4,150 ($51.07) target price on shares of Unilever in a research note on Friday, June 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 4,499.55 ($55.37).

ULVR stock opened at GBX 4,355 ($53.59) on Monday. The company has a debt-to-equity ratio of 203.49, a current ratio of 0.78 and a quick ratio of 0.53. The firm has a market capitalization of $52.61 billion and a P/E ratio of 17.58. The business’s 50-day moving average is GBX 4,331.52 and its two-hundred day moving average is GBX 4,305.99. Unilever has a 1 year low of GBX 3,583.50 ($44.10) and a 1 year high of GBX 5,333 ($65.63).

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.

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