Unilever’s (ULVR) “Underperform” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their underperform rating on shares of Unilever (LON:ULVR) in a report published on Thursday morning, Marketbeat.com reports. The brokerage currently has a GBX 4,000 target price on the stock.

A number of other analysts have also weighed in on ULVR. Royal Bank Of Canada raised shares of Unilever to a “sector perform” rating and upped their target price for the stock from GBX 4,300 to GBX 4,600 in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 5,150 price target on shares of Unilever in a report on Monday, October 12th. Finally, Jefferies Financial Group restated an “underperform” rating and set a GBX 4,000 price target on shares of Unilever in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Unilever presently has an average rating of “Reduce” and an average target price of GBX 4,690.

Unilever Price Performance

ULVR stock opened at GBX 4,878.50 on Thursday. The firm has a 50 day moving average of GBX 4,725.54 and a 200-day moving average of GBX 4,646.51. The company has a current ratio of 0.74, a quick ratio of 0.48 and a debt-to-equity ratio of 198.28. Unilever has a 12 month low of GBX 3,644 and a 12 month high of GBX 5,526. The firm has a market capitalization of £105.06 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 16.72 and a beta of 0.46.

Insider Activity at Unilever

In other news, insider Fernando Fernandez sold 30,158 shares of the firm’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of GBX 4,890, for a total transaction of £1,474,726.20. 1.41% of the stock is owned by insiders.

Key Unilever News

Here are the key news stories impacting Unilever this week:

• Positive Sentiment: Unilever lifted its 2026 outlook, offering a positive signal on expected operating performance. However, a potential Dutch regulatory block on a brand disposal could slow portfolio simplification. Unilever Faces Dutch Block on Brand Disposal as It Lifts 2026 Outlook
• Positive Sentiment: Strong volume growth is supporting the investment case, although UBS reportedly remains unconvinced because of mounting margin pressure. Unilever’s Strong Volume Growth Fails to Convince UBS as Margin Pressures Mount
• Positive Sentiment: Deutsche Bank reaffirmed its “hold” rating and set a GBX 5,150 price target, implying moderate potential upside from recent trading levels.
• Neutral Sentiment: Unilever executive Fernando Fernandez sold 30,158 shares for approximately £1.47 million. The transaction may attract investor attention, but does not necessarily indicate a change in the company’s fundamentals.
• Neutral Sentiment: Unilever’s Fabian Garcia was named chief executive of Clorox, highlighting a senior management departure but not an immediate change to Unilever’s earnings outlook. Clorox Names Unilever’s Fabian Garcia as CEO
• Negative Sentiment: Jefferies reaffirmed its “underperform”/sell view, while Berenberg maintained a sell or underperform rating with a GBX 4,000 target. These calls point to concerns about valuation, growth quality and profitability. Berenberg Bank Remains a Sell on Unilever Jefferies Reaffirms Underperform Rating for Unilever
• Negative Sentiment: The company flagged price increases as costs linked to the Iran war rise, raising the risk of weaker consumer demand and further pressure on margins. Unilever Flags Price Hikes as Iran War Costs Stack Up

Unilever Company Profile

The world’s best‑known brands, creating Desire at Scale.
Unilever employed approximately 116,000 people in 2025 and generated €50.5 billion in turnover for the year. We have around 400 brands found in homes all over the world, with many iconic names including Dove, Hellmann’s, Knorr, OMO and Surf. We create culturally connected brands. Connecting with people where and how it matters to them, pioneering change, defining the future and delivering impact.

Our vision is to be the global leader in sustainable business, market-making, culture-creating, future-shaping.