Unilever PLC (LON:ULVR – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,985.07 ($50.64) and traded as high as GBX 4,460 ($56.67). Unilever shares last traded at GBX 4,434 ($56.34), with a volume of 8,909,447 shares.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Jefferies Financial Group restated an “underperform” rating and set a GBX 3,400 ($43.20) price objective on shares of Unilever in a research note on Wednesday, March 20th. Barclays reaffirmed an “overweight” rating and issued a GBX 4,600 ($58.45) target price on shares of Unilever in a report on Monday, April 8th. JPMorgan Chase & Co. raised Unilever to an “overweight” rating and raised their target price for the company from GBX 3,600 ($45.74) to GBX 5,100 ($64.80) in a report on Thursday, May 23rd. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,960 ($63.02) target price on shares of Unilever in a report on Thursday, April 25th.
View Our Latest Analysis on ULVR
Unilever Stock Performance
Unilever Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 16th were issued a dividend of GBX 36.74 ($0.47) per share. This is an increase from Unilever’s previous dividend of $36.47. The ex-dividend date of this dividend was Thursday, May 16th. This represents a dividend yield of 0.95%. Unilever’s dividend payout ratio (DPR) 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.
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