Unilever PLC (NYSE:UL – Get Free Report) has received a consensus recommendation of “Hold” from the ten analysts that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $61.75.
A number of equities research analysts have recently weighed in on the company. TD Cowen began coverage on Unilever in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 target price for the company. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, October 4th. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and upped their price target for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th.
Read Our Latest Report on Unilever
Hedge Funds Weigh In On Unilever
Unilever Price Performance
Unilever stock opened at $62.81 on Wednesday. The firm has a fifty day simple moving average of $63.49 and a two-hundred day simple moving average of $57.13. Unilever has a twelve month low of $46.16 and a twelve month high of $65.87.
Unilever Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 9th were given a dividend of $0.4773 per share. This is an increase from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Friday, August 9th.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.
Read More
- Five stocks we like better than Unilever
- High Dividend REITs: Are They an Ideal Way to Diversify?
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- What Are Dividends? Buy the Best Dividend Stocks
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.