Unilever N.V. (NYSE:UL) Given Average Rating of “Hold” by Analysts

Unilever N.V. (NYSE:UL) has been given a consensus rating of “Hold” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company.

UL has been the subject of a number of analyst reports. Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a report on Saturday, September 21st. Goldman Sachs Group raised Unilever from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 3rd. Finally, Barclays reiterated a “sell” rating on shares of Unilever in a report on Tuesday, September 10th.

Several large investors have recently added to or reduced their stakes in the company. Ropes Wealth Advisors LLC purchased a new stake in shares of Unilever during the 2nd quarter valued at $26,000. Golden State Wealth Management LLC boosted its holdings in Unilever by 1,132.5% in the third quarter. Golden State Wealth Management LLC now owns 493 shares of the company’s stock worth $30,000 after acquiring an additional 453 shares in the last quarter. Atwater Malick LLC acquired a new stake in Unilever in the third quarter worth about $35,000. Quest Capital Management Inc. ADV acquired a new stake in Unilever in the third quarter worth about $44,000. Finally, Usca Ria LLC purchased a new stake in shares of Unilever during the third quarter worth about $44,000. Institutional investors and hedge funds own 6.84% of the company’s stock.

UL stock traded up $0.53 during trading on Friday, hitting $59.89. 75,488 shares of the company’s stock traded hands, compared to its average volume of 818,565. The firm has a market capitalization of $69.55 billion, a P/E ratio of 21.63, a PEG ratio of 2.45 and a beta of 0.49. The business has a fifty day simple moving average of $59.33 and a two-hundred day simple moving average of $60.93. Unilever has a 1 year low of $50.80 and a 1 year high of $64.84.

Unilever Company Profile

Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (NYSE:UL)

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