Unilever PLC (NYSE:UL) Receives $65.55 Average PT from Brokerages

Shares of Unilever PLC (NYSE:ULGet Free Report) have been assigned a consensus rating of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $65.55.

A number of equities analysts have issued reports on UL shares. Weiss Ratings cut shares of Unilever from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Argus raised shares of Unilever to a “strong-buy” rating in a report on Monday, March 2nd. DZ Bank raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Royal Bank Of Canada raised shares of Unilever from an “underperform” rating to a “sector perform” rating in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Monday, February 9th.

Check Out Our Latest Analysis on Unilever

Hedge Funds Weigh In On Unilever

Large investors have recently bought and sold shares of the business. Natixis Advisors LLC increased its stake in shares of Unilever by 3.1% during the third quarter. Natixis Advisors LLC now owns 1,247,467 shares of the company’s stock valued at $73,950,000 after acquiring an additional 37,630 shares during the period. Evergreen Capital Management LLC increased its stake in shares of Unilever by 160.8% during the fourth quarter. Evergreen Capital Management LLC now owns 82,192 shares of the company’s stock valued at $5,375,000 after acquiring an additional 50,682 shares during the period. DAVENPORT & Co LLC increased its stake in shares of Unilever by 37.3% during the fourth quarter. DAVENPORT & Co LLC now owns 78,400 shares of the company’s stock valued at $5,127,000 after acquiring an additional 21,313 shares during the period. Cullen Investment Group LTD. acquired a new position in shares of Unilever during the fourth quarter valued at approximately $5,003,000. Finally, Wellington Management Group LLP increased its stake in shares of Unilever by 9.3% during the third quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock valued at $2,054,973,000 after acquiring an additional 2,935,227 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 0.1%

Shares of UL stock opened at $56.66 on Monday. Unilever has a one year low of $54.75 and a one year high of $74.97. The company’s 50-day simple moving average is $57.44 and its 200-day simple moving average is $63.66.

About Unilever

(Get Free Report)

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.

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Analyst Recommendations for Unilever (NYSE:UL)

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