Berenberg Bank reaffirmed their buy rating on shares of Unilever (LON:ULVR – Free Report) in a research report sent to investors on Thursday, MarketBeat reports. Berenberg Bank currently has a GBX 4,960 ($61.26) price target on the stock.
Other equities analysts have also recently issued reports about the company. Barclays reiterated an overweight rating and issued a GBX 4,600 ($56.82) target price on shares of Unilever in a report on Monday, April 8th. Jefferies Financial Group reiterated an underperform rating and issued a GBX 3,400 ($42.00) target price on shares of Unilever in a report on Wednesday, March 20th.
View Our Latest Analysis on ULVR
Unilever Price Performance
Unilever Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 36.74 ($0.45) per share. The ex-dividend date is Thursday, May 16th. This is a positive change from Unilever’s previous dividend of $36.47. This represents a dividend yield of 0.95%. Unilever’s dividend payout ratio (DPR) is currently 6,727.27%.
About Unilever
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.
Recommended Stories
- Five stocks we like better than Unilever
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- MarketBeat Week in Review – 4/22 – 4/26
- How to Use High Beta Stocks to Maximize Your Investing Profits
- 3 Stocks Leading the U.S. Agriculture Comeback
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- How to Use Put Debit Spreads to Profit From Falling Stocks
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.