Unilever (LON:ULVR) Price Target Cut to GBX 3,800 by Analysts at Jefferies Financial Group

Unilever (LON:ULVR) had its price objective reduced by Jefferies Financial Group from GBX 3,900 to GBX 3,800 in a research report released on Wednesday morning, MarketBeat.com reports. They currently have an underperform rating on the stock.

ULVR has been the subject of several other reports. Berenberg Bank increased their price objective on shares of Unilever from GBX 5,500 to GBX 5,570 and gave the company a “buy” rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their price target on Unilever from GBX 4,900 to GBX 5,100 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Royal Bank Of Canada lifted their price target on Unilever from GBX 3,800 to GBX 3,900 and gave the company an “underperform” rating in a research report on Monday, August 4th. Finally, UBS Group restated a “sell” rating and issued a GBX 4,120 price objective on shares of Unilever in a report on Friday, September 5th. Two analysts have rated the stock with a Buy rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of GBX 4,498.

Unilever Stock Performance

Shares of ULVR opened at GBX 4,372 on Wednesday. The firm has a market capitalization of £107.20 billion, a PE ratio of 1,951.79, a P/E/G ratio of 16.72 and a beta of 0.22. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87. The firm has a 50-day moving average price of GBX 4,554.74 and a 200 day moving average price of GBX 4,592.01. Unilever has a 52-week low of GBX 4,311 and a 52-week high of GBX 4,910.

About Unilever

Unilever is one of the world’s leading suppliers of Beauty, Personal Care, Home Care, Nutrition, and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €60.1 billion in 2022. 59% of our footprint is in developing and emerging markets.