The Goldman Sachs Group Reiterates “GBX 4,800” Price Target for Unilever (LON:ULVR)

Unilever (LON:ULVR) has been given a GBX 4,800 ($62.71) target price by analysts at The Goldman Sachs Group in a research report issued on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective would suggest a potential upside of 17.86% from the stock’s current price.

A number of other brokerages also recently issued reports on ULVR. Morgan Stanley set a GBX 4,200 ($54.87) price target on shares of Unilever in a report on Thursday, July 8th. Royal Bank of Canada set a GBX 3,700 ($48.34) price target on shares of Unilever in a research note on Thursday. JPMorgan Chase & Co. set a GBX 4,600 ($60.10) price target on shares of Unilever in a research note on Thursday. Barclays restated an “overweight” rating and issued a GBX 4,800 ($62.71) price target on shares of Unilever in a research note on Monday, June 28th. Finally, Citigroup restated a “buy” rating on shares of Unilever in a research note on Tuesday, June 29th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. Unilever has an average rating of “Hold” and an average price target of GBX 4,515.83 ($59.00).

Shares of LON ULVR opened at GBX 4,072.50 ($53.21) on Thursday. The business’s 50 day moving average price is GBX 4,287.27. The firm has a market cap of £106.33 billion and a P/E ratio of 22.22. The company has a debt-to-equity ratio of 154.66, a current ratio of 0.79 and a quick ratio of 0.53. Unilever has a 1 year low of GBX 3,721 ($48.62) and a 1 year high of GBX 4,944 ($64.59).

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Analyst Recommendations for Unilever (LON:ULVR)

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