Analysts Set Unilever NV (NYSE:UN) Target Price at $65.00

Shares of Unilever NV (NYSE:UN) have been assigned an average recommendation of “Hold” from the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $65.00.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Saturday. Credit Suisse Group set a $77.00 target price on shares of Monster Beverage and gave the company a “buy” rating in a report on Friday, May 3rd. Barclays set a $192.00 target price on shares of Tesla and gave the company a “sell” rating in a report on Tuesday, April 9th. Finally, DZ Bank cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Trust N.A. increased its holdings in Unilever by 1.6% during the 1st quarter. Raymond James Trust N.A. now owns 12,300 shares of the company’s stock valued at $717,000 after acquiring an additional 195 shares in the last quarter. CENTRAL TRUST Co increased its holdings in Unilever by 1.7% during the 1st quarter. CENTRAL TRUST Co now owns 12,021 shares of the company’s stock valued at $700,000 after acquiring an additional 200 shares in the last quarter. Berkshire Asset Management LLC PA increased its holdings in Unilever by 1.3% during the 1st quarter. Berkshire Asset Management LLC PA now owns 16,473 shares of the company’s stock valued at $960,000 after acquiring an additional 210 shares in the last quarter. Perennial Advisors LLC increased its holdings in Unilever by 1.0% during the 1st quarter. Perennial Advisors LLC now owns 26,524 shares of the company’s stock valued at $1,546,000 after acquiring an additional 250 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in Unilever by 0.7% during the 1st quarter. MML Investors Services LLC now owns 34,502 shares of the company’s stock valued at $2,011,000 after acquiring an additional 256 shares in the last quarter. Institutional investors and hedge funds own 7.55% of the company’s stock.

UN traded down $0.11 during trading hours on Tuesday, hitting $60.54. 600,547 shares of the company’s stock were exchanged, compared to its average volume of 750,806. Unilever has a 12-month low of $52.08 and a 12-month high of $62.40. The stock’s 50 day moving average price is $61.10. The stock has a market cap of $103.81 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 2.65 and a beta of 0.54.

Unilever Company Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (NYSE:UN)

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