Unilever (LON:ULVR) Stock Passes Above 200 Day Moving Average of $3,869.21

Unilever PLC (LON:ULVRGet Rating)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,869.21 ($45.75) and traded as high as GBX 4,124.50 ($48.77). Unilever shares last traded at GBX 4,120 ($48.72), with a volume of 1,039,856 shares.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Barclays set a GBX 4,300 ($50.85) price target on Unilever in a report on Thursday, October 27th. JPMorgan Chase & Co. set a GBX 3,600 ($42.57) price target on Unilever in a report on Thursday, October 27th. Jefferies Financial Group set a GBX 4,500 ($53.21) target price on Unilever in a report on Wednesday, November 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 4,800 ($56.76) target price on shares of Unilever in a report on Wednesday, November 9th. Finally, UBS Group set a GBX 3,170 ($37.48) target price on Unilever in a report on Monday, October 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Unilever currently has a consensus rating of “Hold” and a consensus price target of GBX 4,142.31 ($48.98).

Unilever Price Performance

The stock has a market capitalization of £104.47 billion and a P/E ratio of 2,091.37. The business has a fifty day simple moving average of GBX 3,981.08 and a 200-day simple moving average of GBX 3,869.21. The company has a debt-to-equity ratio of 148.52, a quick ratio of 0.49 and a current ratio of 0.80.

Unilever Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 9th. Shareholders of record on Thursday, November 17th will be issued a dividend of GBX 37.22 ($0.44) per share. This represents a dividend yield of 0.96%. This is a boost from Unilever’s previous dividend of $36.33. The ex-dividend date is Thursday, November 17th. Unilever’s dividend payout ratio is presently 86.88%.

About Unilever

(Get Rating)

Unilever PLC operates as a fast-moving consumer goods company. 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. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.

Further Reading

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.