Unilever (LON:ULVR) Downgraded by Deutsche Bank Aktiengesellschaft to Hold

Deutsche Bank Aktiengesellschaft lowered shares of Unilever (LON:ULVR) to a hold rating in a research note issued to investors on Monday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has GBX 5,150 price objective on the stock.

ULVR has been the topic of a number of other reports. JPMorgan Chase & Co. boosted their target price on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. UBS Group reaffirmed a “sell” rating and set a GBX 4,120 price target on shares of Unilever in a research note on Friday, October 17th. Finally, Berenberg Bank upped their price objective on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the company a “buy” rating in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of GBX 4,711.67.

Unilever Stock Performance

Unilever stock opened at GBX 5,250 on Monday. The firm has a market capitalization of £114.49 billion, a PE ratio of 20.83, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. Unilever has a one year low of GBX 4,122 and a one year high of GBX 5,133. The stock’s 50 day moving average price is GBX 4,810.14 and its 200 day moving average price is GBX 4,643.03. The company has a debt-to-equity ratio of 155.87, a quick ratio of 0.49 and a current ratio of 0.77.

Insider Buying and Selling at Unilever

In related news, insider Zoe Yujnovich bought 1,610 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of GBX 4,466 per share, with a total value of £71,902.60. Insiders own 1.39% of the company’s stock.

Unilever Company Profile

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. We have around 400 brands found in homes all over the world, 13 of which are in the top 50 consumer goods brands. Some of our iconic global brands include Dove, Hellmann’s, Knorr, Magnum, OMO and Surf.

Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance.