Unilever plc Receives Average Rating of “Hold” from Brokerages (NYSE:UL)
Unilever plc (NYSE:UL) has earned an average rating of “Hold” from the fifteen brokerages that are presently covering the stock, AR Network reports. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $38.50.
Unilever plc (NYSE:UL) traded down 0.05% during mid-day trading on Wednesday, hitting $43.88. The stock had a trading volume of 143,869 shares. Unilever plc has a 52-week low of $37.40 and a 52-week high of $45.99. The stock has a 50-day moving average of $44.16 and a 200-day moving average of $43.38. The company has a market cap of $124.6 billion and a price-to-earnings ratio of 18.48.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.3842 per share. This represents a $1.54 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Wednesday, August 6th.
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Unilever plc in a research note on Friday, August 22nd. Separately, 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. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever plc in a research note on Friday, July 25th.
Unilever PLC (NYSE:UL) is a supplier of fast moving consumer goods.
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