Unilever Receives Average Rating of “Hold” from Brokerages (NYSE:UN)
Unilever (NYSE:UN) has been given a consensus recommendation of “Hold” by the fourteen analysts that are currently covering the company, Analyst Ratings Network.com reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $34.75.
Unilever (NYSE:UN) opened at 41.13 on Tuesday. Unilever has a 52-week low of $36.57 and a 52-week high of $44.41. The stock’s 50-day moving average is $42.26 and its 200-day moving average is $41.51. The company has a market cap of $117.0 billion and a price-to-earnings ratio of 17.10.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Friday, August 8th will be given a dividend of $0.3842 per share. This represents a $1.54 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Wednesday, August 6th.
A number of analysts have recently weighed in on UN shares. Analysts at Zacks reiterated a “neutral” rating on shares of Unilever in a research note on Thursday, August 7th. They now have a $43.00 price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Unilever from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 30th. Finally, analysts at Nomura downgraded shares of Unilever from a “neutral” rating to a “reduce” rating in a research note on Wednesday, July 9th.
Unilever N.V. (NYSE:UN) is a supplier of fast moving consumer goods.
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