Jefferies Financial Group reiterated their buy rating on shares of The Unilever Group (ULVR.L) (LON:ULVR) in a research report released on Tuesday, AR Network reports. Jefferies Financial Group currently has a GBX 5,500 ($71.86) price target on the stock.
Several other equities research analysts have also issued reports on ULVR. Liberum Capital lifted their price target on The Unilever Group (ULVR.L) from GBX 5,100 ($66.63) to GBX 5,290 ($69.11) and gave the stock a buy rating in a research note on Thursday, July 23rd. Royal Bank of Canada reaffirmed an underperform rating and set a GBX 3,700 ($48.34) price target (up previously from GBX 3,000 ($39.20)) on shares of The Unilever Group (ULVR.L) in a research note on Friday, July 24th. Berenberg Bank reaffirmed a neutral rating and set a GBX 4,900 ($64.02) price target on shares of The Unilever Group (ULVR.L) in a research note on Friday, October 23rd. JPMorgan Chase & Co. set a GBX 4,900 ($64.02) price target on The Unilever Group (ULVR.L) and gave the stock a neutral rating in a research note on Thursday, October 22nd. Finally, The Goldman Sachs Group reiterated a buy rating and issued a GBX 5,520 ($72.12) price objective on shares of The Unilever Group (ULVR.L) in a report on Thursday, October 22nd. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The Unilever Group (ULVR.L) currently has a consensus rating of Hold and an average price target of GBX 4,819.55 ($62.97).
Shares of ULVR stock opened at GBX 4,463 ($58.31) on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 158.06. The business has a 50-day moving average price of GBX 4,781.65 and a two-hundred day moving average price of GBX 4,465.11. The Unilever Group has a 12-month low of GBX 3,583.50 ($46.82) and a 12-month high of GBX 4,944 ($64.59). The firm has a market cap of $126.92 billion and a P/E ratio of 17.66.
The firm also recently disclosed a dividend, which will be paid on Friday, November 20th. Stockholders of record on Thursday, October 29th will be given a GBX 37.46 ($0.49) dividend. This is a positive change from The Unilever Group (ULVR.L)’s previous dividend of $36.98. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, October 29th. The Unilever Group (ULVR.L)’s dividend payout ratio (DPR) is currently 59.36%.
In related news, insider Graeme Pitkethly sold 46,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of GBX 4,539 ($59.30), for a total value of £2,087,940 ($2,727,906.98).
The Unilever Group (ULVR.L) Company Profile
The Unilever Group, together with its subsidiaries, operates in the fast-moving consumer goods industry worldwide. It operates through three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers 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.
See Also: What are earnings reports?
Receive News & Ratings for The Unilever Group (ULVR.L) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Unilever Group (ULVR.L) and related companies with MarketBeat.com's FREE daily email newsletter.