Unilever NV (UN) Receives Average Recommendation of “Hold” from Analysts
Unilever NV (NYSE:UN) has been given an average rating of “Hold” by the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.
UN has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever in a research note on Thursday, September 7th.
Shares of Unilever (NYSE:UN) traded down $0.26 on Monday, hitting $57.43. 1,283,263 shares of the stock were exchanged, compared to its average volume of 2,047,520. Unilever has a 1 year low of $39.60 and a 1 year high of $61.62.
Several institutional investors and hedge funds have recently modified their holdings of the company. Pinnacle Financial Partners Inc. bought a new stake in shares of Unilever in the second quarter valued at about $127,000. Proficio Capital Partners LLC raised its holdings in shares of Unilever by 2.5% in the second quarter. Proficio Capital Partners LLC now owns 2,713 shares of the company’s stock valued at $157,000 after acquiring an additional 66 shares in the last quarter. Spears Abacus Advisors LLC bought a new stake in shares of Unilever in the second quarter valued at about $202,000. Bath Savings Trust Co bought a new stake in shares of Unilever in the third quarter valued at about $207,000. Finally, IMS Capital Management bought a new stake in shares of Unilever in the second quarter valued at about $218,000. 8.69% of the stock is owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY NOTICE: “Unilever NV (UN) Receives Average Recommendation of “Hold” from Analysts” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright laws. The original version of this report can be read at https://www.thecerbatgem.com/2017/12/11/unilever-nv-un-receives-average-recommendation-of-hold-from-analysts.html.
Unilever Company Profile
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
Receive News & Stock Ratings for Unilever NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever NV and related stocks with our FREE daily email newsletter.