Unilever (NYSE:UN)‘s stock had its “buy” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research note issued on Thursday.

Several other research firms have also weighed in on UN. Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. Sanford C. Bernstein reissued an “outperform” rating on shares of Unilever in a research note on Monday, August 22nd. Citigroup Inc. raised shares of Unilever from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 31st. RBC Capital Markets lowered shares of Unilever from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. Finally, Royal Bank Of Canada lowered shares of Unilever from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. Unilever currently has an average rating of “Hold” and an average target price of $41.00.

Analyst Recommendations for Unilever (NYSE:UN)

Shares of Unilever (NYSE:UN) opened at 45.41 on Thursday. Unilever has a 12-month low of $37.92 and a 12-month high of $48.00. The company has a market capitalization of $128.91 billion, a P/E ratio of 23.40 and a beta of 0.76. The company’s 50 day moving average is $46.10 and its 200 day moving average is $45.27.

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The business also recently declared a quarterly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Friday, August 5th were paid a $0.3531 dividend. The ex-dividend date of this dividend was Wednesday, August 3rd. This represents a $1.41 dividend on an annualized basis and a yield of 3.11%. This is a positive change from Unilever’s previous quarterly dividend of $0.34.

Hedge funds have recently bought and sold shares of the stock. Williams Jones & Associates LLC increased its stake in Unilever by 109.2% in the second quarter. Williams Jones & Associates LLC now owns 13,446 shares of the company’s stock worth $631,000 after buying an additional 7,020 shares during the period. Royal Bank of Canada increased its stake in Unilever by 4.1% in the second quarter. Royal Bank of Canada now owns 513,088 shares of the company’s stock worth $24,085,000 after buying an additional 20,232 shares during the period. Sterling Capital Management LLC increased its stake in Unilever by 20.0% in the second quarter. Sterling Capital Management LLC now owns 16,928 shares of the company’s stock worth $795,000 after buying an additional 2,825 shares during the period. Lebenthal Holdings LLC acquired a new stake in Unilever during the second quarter worth about $321,000. Finally, Wedge Capital Management L L P NC increased its stake in Unilever by 17.5% in the second quarter. Wedge Capital Management L L P NC now owns 1,079,876 shares of the company’s stock worth $50,689,000 after buying an additional 161,098 shares during the period.

Unilever Company Profile

Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.

5 Day Chart for NYSE:UN

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