Unilever (LON:ULVR) was downgraded by analysts at UBS Group to a “sell” rating in a research note issued to investors on Monday, Borsen Zeitung reports. They currently have a GBX 4,000 ($49.22) price objective on the stock, down from their prior price objective of GBX 4,150 ($51.07). UBS Group’s price objective would suggest a potential downside of 8.15% from the stock’s previous close.
Several other equities analysts have also issued reports on ULVR. Jefferies Financial Group reissued a “buy” rating and issued a GBX 4,600 ($56.61) price target on shares of Unilever in a report on Friday, June 12th. Liberum Capital reissued a “buy” rating on shares of Unilever in a report on Thursday, June 11th. Royal Bank of Canada set a GBX 2,900 ($35.69) price target on shares of Unilever and gave the company a “sell” rating in a report on Thursday, June 11th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Unilever in a research report on Wednesday, May 13th. Finally, Berenberg Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 4,499.55 ($55.37).
Shares of ULVR stock opened at GBX 4,355 ($53.59) on Monday. Unilever has a 12-month low of GBX 3,583.50 ($44.10) and a 12-month high of GBX 5,333 ($65.63). The firm has a market capitalization of $52.61 billion and a price-to-earnings ratio of 17.58. The company has a quick ratio of 0.53, a current ratio of 0.78 and a debt-to-equity ratio of 203.49. The firm has a fifty day moving average of GBX 4,331.52 and a 200-day moving average of GBX 4,305.99.
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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