Unilever PLC (NYSE:UL) Given Average Recommendation of “Hold” by Analysts

Unilever PLC (NYSE:ULGet Free Report) has been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, three have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $65.55.

Several analysts have recently issued reports on UL shares. Zacks Research raised shares of Unilever from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. TD Cowen reissued a “buy” rating on shares of Unilever in a report on Wednesday, July 29th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Monday, July 6th.

Check Out Our Latest Stock Analysis on UL

Unilever Price Performance

Shares of UL opened at $63.23 on Friday. Unilever has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The business has a 50-day moving average of $61.57 and a 200 day moving average of $62.06.

Unilever (NYSE:ULGet Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.84 by ($0.92). The business had revenue of $14.62 billion for the quarter, compared to analyst estimates of $14.80 billion. On average, research analysts expect that Unilever will post 3.51 earnings per share for the current year.

Institutional Trading of Unilever

A number of institutional investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC bought a new stake in shares of Unilever during the fourth quarter valued at about $25,000. Financial Life Planners purchased a new stake in shares of Unilever in the first quarter worth about $25,000. Palisade Asset Management LLC bought a new position in shares of Unilever in the third quarter valued at approximately $25,000. Bard Associates Inc. bought a new position in shares of Unilever in the fourth quarter valued at approximately $27,000. Finally, Whipplewood Advisors LLC purchased a new position in Unilever during the first quarter valued at approximately $29,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

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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