Unilever (NYSE:UN) Stock Rating Upgraded by Liberum Capital

Liberum Capital upgraded shares of Unilever (NYSE:UN) from a hold rating to a buy rating in a research report sent to investors on Monday, The Fly reports.

UN has been the topic of a number of other research reports. Goldman Sachs Group raised Unilever from a neutral rating to a buy rating in a research note on Tuesday, September 3rd. Redburn Partners reissued a sell rating on shares of Unilever in a research note on Friday, October 11th. Morgan Stanley downgraded shares of Unilever from an in-line rating to an underweight rating in a research note on Wednesday, September 18th. Finally, Zacks Investment Research upgraded shares of Unilever from a sell rating to a hold rating in a report on Friday. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. Unilever currently has an average rating of Hold and an average target price of $68.00.

Unilever stock opened at $59.34 on Monday. Unilever has a fifty-two week low of $52.08 and a fifty-two week high of $63.62. The company has a market capitalization of $102.11 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 2.57 and a beta of 0.46. The stock has a fifty day moving average of $59.14 and a two-hundred day moving average of $60.01.

A number of hedge funds have recently added to or reduced their stakes in UN. Baystate Wealth Management LLC acquired a new position in shares of Unilever during the 3rd quarter valued at about $30,000. Rational Advisors LLC boosted its position in shares of Unilever by 587.4% in the second quarter. Rational Advisors LLC now owns 653 shares of the company’s stock worth $40,000 after acquiring an additional 558 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of Unilever by 216.6% in the third quarter. Capital Investment Advisory Services LLC now owns 782 shares of the company’s stock worth $47,000 after acquiring an additional 535 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in shares of Unilever by 35.6% in the second quarter. Rehmann Capital Advisory Group now owns 834 shares of the company’s stock worth $51,000 after acquiring an additional 219 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in Unilever by 56.4% in the second quarter. Cullen Frost Bankers Inc. now owns 965 shares of the company’s stock valued at $58,000 after purchasing an additional 348 shares during the period. 8.23% of the stock is owned by hedge funds and other institutional investors.

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.

See Also: Buy-Side Analysts

The Fly

Analyst Recommendations for Unilever (NYSE:UN)

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