Shares of Unilever PLC (LON:ULVR – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,874.39 ($48.67) and traded as high as GBX 4,188 ($52.61). Unilever shares last traded at GBX 4,188 ($52.61), with a volume of 2,201,674 shares.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on ULVR shares. Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,400 ($42.71) target price on shares of Unilever in a report on Wednesday, March 20th. Barclays reissued an “overweight” rating and set a GBX 4,600 ($57.78) price objective on shares of Unilever in a research note on Monday, April 8th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,960 ($62.30) target price on shares of Unilever in a research report on Thursday, April 25th.
Get Our Latest Stock Analysis on Unilever
Unilever Price Performance
Unilever Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 36.74 ($0.46) per share. This is a boost from Unilever’s previous dividend of $36.47. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, May 16th. Unilever’s payout ratio is presently 6,727.27%.
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.
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