Unilever Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:UN)
Shares of Unilever (NYSE:UN) have earned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the company, AR Network reports. Three equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $35.25.
Shares of Unilever (NYSE:UN) opened at 42.82 on Wednesday. Unilever has a one year low of $36.57 and a one year high of $44.41. The stock’s 50-day moving average is $43.57 and its 200-day moving average is $41.04. The company has a market cap of $121.6 billion and a P/E ratio of 18.81.
A number of research firms have recently commented on UN. Analysts at Nomura downgraded shares of Unilever from a “neutral” rating to a “reduce” rating in a research note on Wednesday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Unilever in a research note on Friday, May 9th. They now have a $45.00 price target on the stock. Finally, analysts at Barclays downgraded shares of Unilever from an “overweight” rating to an “equal weight” rating in a research note on Friday, April 25th.
Unilever N.V. (NYSE:UN) is a supplier of fast moving consumer goods.
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