Deutsche Bank Aktiengesellschaft Downgrades Unilever (LON:ULVR) to Hold

Unilever (LON:ULVR) was downgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a research note issued to investors on Monday, MarketBeat reports. They presently have a GBX 5,150 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 1.79% from the company’s current price.

Several other equities research analysts have also commented on the stock. Berenberg Bank boosted their price target on shares of Unilever from GBX 5,530 to GBX 5,600 and gave the stock a “buy” rating in a report on Friday, January 16th. UBS Group reissued a “sell” rating and set a GBX 4,120 target price on shares of Unilever in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of Unilever from GBX 5,400 to GBX 5,700 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of GBX 4,711.67.

Unilever Stock Up 1.5%

Unilever stock opened at GBX 5,244 on Monday. The company has a debt-to-equity ratio of 155.87, a current ratio of 0.77 and a quick ratio of 0.49. The stock has a market capitalization of £114.36 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The business has a 50 day simple moving average of GBX 4,825.24 and a 200-day simple moving average of GBX 4,648.51. Unilever has a 12 month low of GBX 4,122 and a 12 month high of GBX 5,278.

Insiders Place Their Bets

In other Unilever news, insider Zoe Yujnovich acquired 1,610 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price of GBX 4,466 per share, with a total value of £71,902.60. Insiders own 1.39% of the company’s stock.

Unilever Company Profile

Unilever is one of the world’s leading suppliers of Beauty, Personal Care, Home Care, Nutrition, and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €60.1 billion in 2022. 59% of our footprint is in developing and emerging markets. We have around 400 brands found in homes all over the world, 13 of which are in the top 50 consumer goods brands. Some of our iconic global brands include Dove, Hellmann’s, Knorr, Magnum, OMO and Surf.

Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance.