Berenberg Bank Reaffirms “Buy” Rating for Unilever (LON:ULVR)

Unilever (LON:ULVR)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research report issued on Thursday, Marketbeat.com reports. They currently have a GBX 4,960 ($61.26) target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 20.01% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the company. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 3,400 ($42.00) target price on shares of Unilever in a research note on Wednesday, March 20th. Barclays reaffirmed an “overweight” rating and issued a GBX 4,600 ($56.82) target price on shares of Unilever in a research note on Monday, April 8th.

Unilever Price Performance

ULVR stock opened at GBX 4,133 ($51.05) on Thursday. Unilever has a 1 year low of GBX 3,680.50 ($45.46) and a 1 year high of GBX 4,483.25 ($55.38). The company has a debt-to-equity ratio of 142.66, a quick ratio of 0.49 and a current ratio of 0.76. The stock’s 50 day moving average price is GBX 3,897.46 and its 200 day moving average price is GBX 3,868.62. The firm has a market cap of £103.74 billion, a P/E ratio of 1,878.64, a PEG ratio of 14.44 and a beta of 0.17.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.