Unilever (LON:ULVR) Given a GBX 3,400 Price Target at UBS Group

UBS Group set a GBX 3,400 ($40.96) target price on Unilever (LON:ULVRGet Rating) in a report issued on Tuesday, Borsen Zeitung reports.

ULVR has been the subject of a number of other research reports. HSBC set a GBX 3,500 ($42.17) price objective on shares of Unilever in a research note on Tuesday, June 7th. Morgan Stanley reaffirmed an equal weight rating on shares of Unilever in a research note on Wednesday, May 11th. The Goldman Sachs Group set a GBX 4,100 ($49.40) price objective on shares of Unilever in a research note on Tuesday. JPMorgan Chase & Co. set a GBX 3,600 ($43.37) price objective on shares of Unilever in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and issued a GBX 4,600 ($55.42) price objective on shares of Unilever in a research note on Wednesday, June 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Unilever has a consensus rating of Hold and an average target price of GBX 4,036.43 ($48.63).

Unilever Trading Up 0.8 %

Unilever stock opened at GBX 4,064.50 ($48.97) on Tuesday. The firm’s 50 day moving average price is GBX 3,718.50 and its two-hundred day moving average price is GBX 3,661.52. Unilever has a 1 year low of GBX 3,267.50 ($39.37) and a 1 year high of GBX 4,185 ($50.42). The company has a debt-to-equity ratio of 152.60, a quick ratio of 0.38 and a current ratio of 0.70. The firm has a market cap of ¬£103.69 billion and a price-to-earnings ratio of 2,046.70.

Unilever Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 4th will be paid a GBX 36.33 ($0.44) dividend. This represents a dividend yield of 0.93%. The ex-dividend date is Thursday, August 4th. This is a positive change from Unilever’s previous dividend of $35.90. Unilever’s payout ratio is presently 87.54%.

About Unilever

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Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

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