Unilever NV (UN) Upgraded to “Strong-Buy” at BidaskClub
Unilever NV (NYSE:UN) was upgraded by equities researchers at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Saturday.
Other equities analysts have also recently issued reports about the stock. Royal Bank Of Canada cut shares of Unilever NV from a “sector perform” rating to an “underperform” rating in a research note on Thursday. UBS AG reissued a “neutral” rating on shares of Unilever NV in a research note on Monday, July 17th. Finally, Zacks Investment Research cut shares of Unilever NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $65.00.
Shares of Unilever NV (UN) opened at 57.96 on Friday. Unilever NV has a 12-month low of $38.41 and a 12-month high of $58.83. The company has a market capitalization of $163.01 billion, a P/E ratio of 24.18 and a beta of 0.90. The company’s 50 day moving average is $56.92 and its 200 day moving average is $51.86.
A number of institutional investors have recently added to or reduced their stakes in the company. Coconut Grove Bank boosted its position in Unilever NV by 46.9% in the first quarter. Coconut Grove Bank now owns 2,505 shares of the company’s stock worth $124,000 after buying an additional 800 shares during the period. Pinnacle Financial Partners Inc. bought a new position in Unilever NV during the second quarter worth approximately $127,000. SRS Capital Advisors Inc. boosted its position in Unilever NV by 10.9% in the first quarter. SRS Capital Advisors Inc. now owns 2,694 shares of the company’s stock worth $133,000 after buying an additional 264 shares during the period. Proficio Capital Partners LLC boosted its position in Unilever NV by 503.0% in the first quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock worth $148,000 after buying an additional 2,208 shares during the period. Finally, Bollard Group LLC boosted its position in Unilever NV by 200.7% in the first quarter. Bollard Group LLC now owns 2,998 shares of the company’s stock worth $149,000 after buying an additional 2,001 shares during the period. 9.16% of the stock is owned by hedge funds and other institutional investors.
About Unilever NV
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
Receive News & Ratings for Unilever NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever NV and related companies with MarketBeat.com's FREE daily email newsletter.