Unilever (NYSE:UN) Downgraded by UBS Group to “Sell”
Unilever (NYSE:UN) was downgraded by equities researchers at UBS Group from a “neutral” rating to a “sell” rating in a report released on Monday, The Fly reports.
A number of other brokerages have also weighed in on UN. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a report on Monday, May 4th. Argus decreased their target price on Unilever from $65.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, March 24th. Zacks Investment Research downgraded Unilever from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. Barclays reiterated an “equal weight” rating on shares of Unilever in a research report on Monday, June 8th. Finally, Morgan Stanley downgraded Unilever from an “overweight” rating to an “underweight” rating in a research report on Tuesday, April 7th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $52.00.
Shares of UN stock opened at $53.27 on Monday. The business’s fifty day moving average price is $51.92 and its 200 day moving average price is $53.43. Unilever has a 1-year low of $42.00 and a 1-year high of $63.62. The firm has a market capitalization of $93.47 billion, a PE ratio of 18.63 and a beta of 0.52. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.78 and a quick ratio of 0.58.
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.
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