Credit Suisse Group Reiterates “GBX 4,600” Price Target for Unilever (LON:ULVR)

Unilever (LON:ULVRGet Rating) has been assigned a GBX 4,600 ($55.42) price target by Credit Suisse Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. Credit Suisse Group’s price target would indicate a potential upside of 15.87% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Barclays reissued an “equal weight” rating and set a GBX 4,000 ($48.19) price objective on shares of Unilever in a research note on Wednesday, July 20th. JPMorgan Chase & Co. set a GBX 3,600 ($43.37) price objective on shares of Unilever in a research note on Tuesday. The Goldman Sachs Group set a GBX 4,100 ($49.40) price target on shares of Unilever in a research report on Tuesday. Sanford C. Bernstein set a GBX 4,280 ($51.57) price target on shares of Unilever in a research report on Friday, July 22nd. Finally, UBS Group set a GBX 3,400 ($40.96) price target on shares of Unilever in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 4,016.15 ($48.39).

Unilever Stock Down 0.6 %

Shares of LON ULVR opened at GBX 3,970 ($47.83) on Wednesday. Unilever has a 52-week low of GBX 3,267.50 ($39.37) and a 52-week high of GBX 4,185 ($50.42). The firm has a fifty day moving average of GBX 3,736.26 and a 200-day moving average of GBX 3,663.86. The stock has a market capitalization of £101.28 billion and a PE ratio of 2,015.23. The company has a quick ratio of 0.38, a current ratio of 0.70 and a debt-to-equity ratio of 152.60.

Unilever Company Profile

(Get Rating)

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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