Unilever (LON:ULVR) Given a GBX 5,500 Price Target at Goldman Sachs Group

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Goldman Sachs Group set a GBX 5,500 ($71.87) price objective on Unilever (LON:ULVR) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

ULVR has been the subject of several other reports. Royal Bank of Canada set a GBX 3,900 ($50.96) price objective on shares of Unilever and gave the stock a sell rating in a report on Friday, July 12th. Shore Capital restated an under review rating on shares of Unilever in a report on Thursday. Jefferies Financial Group set a GBX 5,030 ($65.73) price objective on shares of Unilever and gave the stock a neutral rating in a report on Wednesday, September 25th. JPMorgan Chase & Co. set a GBX 4,530 ($59.19) price objective on shares of Unilever and gave the stock a sell rating in a report on Thursday, September 26th. Finally, Barclays restated an underweight rating on shares of Unilever in a report on Wednesday, September 25th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 4,893.50 ($63.94).

Shares of ULVR opened at GBX 4,587 ($59.94) on Thursday. The company has a debt-to-equity ratio of 216.37, a current ratio of 0.81 and a quick ratio of 0.60. Unilever has a one year low of GBX 3,905 ($51.03) and a one year high of GBX 5,333 ($69.69). The company has a 50-day simple moving average of GBX 4,909.89 and a two-hundred day simple moving average of GBX 4,837.32. The firm has a market capitalization of $54.01 billion and a PE ratio of 18.15.

The firm also recently announced a dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 35.76 ($0.47) per share. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, October 31st. Unilever’s dividend payout ratio is 0.58%.

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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