Credit Suisse Reiterates Underperform Rating for Unilever plc (UL)
Shares of Unilever plc (NYSE:UL) traded down 0.89% on Friday, hitting $43.44. 522,487 shares of the company’s stock traded hands. Unilever plc has a 52-week low of $37.40 and a 52-week high of $45.99. The stock’s 50-day moving average is $44.25 and its 200-day moving average is $43.22. The company has a market cap of $123.4 billion and a P/E ratio of 18.37.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Stockholders 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 3.51%. The ex-dividend date of this dividend is Wednesday, August 6th.
A number of other analysts have also recently weighed in on UL. Analysts at Zacks reiterated a “neutral” rating on shares of Unilever plc in a research note on Thursday, August 7th. They now have a $45.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever plc in a research note on Friday, July 25th. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Unilever plc in a research note on Monday, July 21st. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. Unilever plc has a consensus rating of “Hold” and a consensus target price of $38.50.
Unilever PLC (NYSE:UL) is a supplier of fast moving consumer goods.
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