Unilever (LON:ULVR) Reaches New 12-Month High at $4,464.00

Shares of Unilever PLC (LON:ULVR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 4,464 ($56.63) and last traded at GBX 4,428 ($56.17), with a volume of 2658275 shares traded. The stock had previously closed at GBX 4,437 ($56.29).

Wall Street Analyst Weigh In

ULVR has been the topic of a number of research reports. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,400 ($43.13) price objective on shares of Unilever in a research note on Wednesday, March 20th. Barclays reissued an “overweight” rating and issued a GBX 4,600 ($58.35) price objective on shares of Unilever in a research note on Monday, April 8th. JPMorgan Chase & Co. raised Unilever to an “overweight” rating and boosted their target price for the stock from GBX 3,600 ($45.67) to GBX 5,100 ($64.70) in a research report on Thursday, May 23rd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 4,960 ($62.92) price target on shares of Unilever in a research report on Thursday, April 25th.

Unilever Price Performance

The company has a debt-to-equity ratio of 142.66, a current ratio of 0.76 and a quick ratio of 0.49. The stock has a market capitalization of £110.25 billion, a price-to-earnings ratio of 2,018.81, a PEG ratio of 16.36 and a beta of 0.16. The stock’s 50 day simple moving average is GBX 4,243.56 and its 200-day simple moving average is GBX 3,996.59.

Unilever Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 16th were paid a GBX 36.74 ($0.47) dividend. The ex-dividend date was Thursday, May 16th. This is a boost from Unilever’s previous dividend of $36.47. This represents a yield of 0.95%. Unilever’s payout ratio is 6,743.12%.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. 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 consist of the vitamins, minerals, and supplements.