Shore Capital Reaffirms “Under Review” Rating for Unilever (ULVR)

Shore Capital reissued their under review rating on shares of Unilever (LON:ULVR) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently weighed in on the company. Barclays assumed coverage on Unilever in a research report on Wednesday, April 10th. They issued an underweight rating and a GBX 3,950 ($51.61) target price on the stock. Jefferies Financial Group reaffirmed a hold rating and issued a GBX 4,380 ($57.23) price target on shares of Unilever in a report on Friday, April 5th. UBS Group reaffirmed a neutral rating and issued a GBX 4,300 ($56.19) price target (up previously from GBX 4,250 ($55.53)) on shares of Unilever in a report on Monday, April 1st. Berenberg Bank increased their price target on Unilever from GBX 4,700 ($61.41) to GBX 4,800 ($62.72) and gave the company a buy rating in a report on Monday, March 25th. Finally, Goldman Sachs Group set a GBX 4,200 ($54.88) price target on Unilever and gave the company a neutral rating in a report on Thursday, March 14th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 4,255.91 ($55.61).

LON ULVR opened at GBX 4,503.50 ($58.85) on Wednesday. The company has a market capitalization of $52.37 billion and a PE ratio of 17.82. Unilever has a 1-year low of GBX 3,830 ($50.05) and a 1-year high of GBX 4,503.50 ($58.85). The company has a current ratio of 0.78, a quick ratio of 0.46 and a debt-to-equity ratio of 202.45.

The business also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd will be issued a GBX 35.46 ($0.46) dividend. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from Unilever’s previous dividend of $33.61. Unilever’s dividend payout ratio (DPR) is currently 0.53%.

In related news, insider Mary Ma purchased 557 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was purchased at an average price of GBX 4,153 ($54.27) per share, with a total value of £23,132.21 ($30,226.33).

Unilever Company Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (LON:ULVR)

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