Shares of Unilever PLC (LON:ULVR – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 3,775 ($46.36) and last traded at GBX 3,809.50 ($46.78), with a volume of 243083 shares trading hands. The stock had previously closed at GBX 3,816 ($46.86).
Analysts Set New Price Targets
Separately, Barclays raised shares of Unilever to an “overweight” rating and raised their target price for the stock from GBX 4,300 ($52.81) to GBX 4,600 ($56.49) in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Unilever currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,242 ($52.09).
Unilever Stock Performance
Unilever Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, December 8th. Shareholders of record on Thursday, November 16th will be given a GBX 37.15 ($0.46) dividend. The ex-dividend date is Thursday, November 16th. This represents a dividend yield of 0.93%. This is an increase from Unilever’s previous dividend of $37.00. Unilever’s dividend payout ratio (DPR) is currently 5,263.16%.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes the vitamins, minerals, and supplements.
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