Unilever NV (NYSE:UN) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,847,200 shares, a drop of 7.4% from the May 15th total of 1,994,700 shares. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.1% of the shares of the company are sold short.
A number of brokerages recently issued reports on UN. Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Saturday. DZ Bank cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Credit Suisse Group set a $77.00 price objective on shares of Monster Beverage and gave the company a “buy” rating in a research note on Friday, May 3rd. Finally, Barclays set a $192.00 price objective on shares of Tesla and gave the company a “sell” rating in a research note on Tuesday, April 9th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $66.50.
Shares of NYSE:UN opened at $60.54 on Friday. The firm has a market capitalization of $103.81 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 2.65 and a beta of 0.54. The business’s fifty day simple moving average is $61.10. Unilever has a 52 week low of $52.08 and a 52 week high of $62.40.
Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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