Unilever plc (ADR) Sets New 52-Week High at $45.23 (UL)
Shares of Unilever plc (ADR) (NYSE:UL) hit a new 52-week high on Thursday , Analyst Ratings Net reports. The stock traded as high as $45.23 and last traded at $45.00, with a volume of 1,760,170 shares. The stock had previously closed at $44.60.
A number of analysts have recently weighed in on UL shares. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Unilever plc (ADR) in a research note on Friday, May 9th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Unilever plc (ADR) in a research note on Friday, May 9th. They now have a $46.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever plc (ADR) in a research note on Monday, April 28th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $39.00.
The stock has a 50-day moving average of $43.70 and a 200-day moving average of $40.98. The company has a market cap of $127.6 billion and a price-to-earnings ratio of 19.41. Unilever plc (ADR) also saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,864,440 shares, an increase of 51.0% from the March 31st total of 1,897,572 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,292,799 shares, the short-interest ratio is presently 2.2 days.
The company also recently declared a special dividend, which is scheduled for Wednesday, June 11th. Investors of record on Friday, May 9th will be given a dividend of $0.3938 per share. This represents a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, May 7th.
Unilever PLC (NYSE:UL) is a supplier of fast moving consumer goods.
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