Unilever (LON:ULVR) Hits New 52-Week High at $4,988.00

Unilever plc (LON:ULVR)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 4,988 ($65.18) and last traded at GBX 4,975.50 ($65.01), with a volume of 131788 shares trading hands. The stock had previously closed at GBX 4,972.50 ($64.97).

ULVR has been the topic of several research analyst reports. Sanford C. Bernstein set a GBX 4,700 ($61.41) target price on Unilever and gave the company a “buy” rating in a research note on Monday, February 25th. Goldman Sachs Group set a GBX 4,200 ($54.88) price target on Unilever and gave the stock a “neutral” rating in a research note on Thursday, March 14th. Berenberg Bank upped their price target on Unilever from GBX 4,700 ($61.41) to GBX 4,800 ($62.72) and gave the stock a “buy” rating in a research note on Monday, March 25th. UBS Group reaffirmed a “neutral” rating and issued a GBX 4,300 ($56.19) price target (up from GBX 4,250 ($55.53)) on shares of Unilever in a research note on Monday, April 1st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 4,380 ($57.23) price target on shares of Unilever in a research note on Friday, April 5th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 4,310 ($56.32).

The company has a market capitalization of $57.79 billion and a price-to-earnings ratio of 19.68. The company has a debt-to-equity ratio of 202.45, a current ratio of 0.78 and a quick ratio of 0.46.

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd were paid a GBX 35.46 ($0.46) dividend. This represents a yield of 0.78%. This is a boost from Unilever’s previous dividend of $33.61. The ex-dividend date of this dividend was Thursday, May 2nd. Unilever’s dividend payout ratio is presently 0.56%.

WARNING: This story was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.dispatchtribunal.com/2019/06/15/unilever-lonulvr-hits-new-52-week-high-at-4988-00.html.

Unilever Company Profile (LON:ULVR)

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.

See Also: Why are trading ranges significant?

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.