HSBC assumed coverage on shares of Unilever (NYSE:UL) in a research report issued to clients and investors on Friday, June 28th, Briefing.com Automated Import reports. The brokerage set a “hold” rating on the stock.
A number of other brokerages have also recently issued reports on UL. DZ Bank cut Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Zacks Investment Research upgraded FirstService from a “strong sell” rating to a “hold” rating and set a $110.00 price objective on the stock in a research note on Tuesday, June 25th. Finally, Credit Suisse Group set a $77.00 price objective on Monster Beverage and gave the stock a “buy” rating in a research note on Friday, May 3rd. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Unilever presently has a consensus rating of “Hold” and an average target price of $66.00.
Shares of Unilever stock traded down $0.95 on Friday, reaching $62.36. 526,943 shares of the company were exchanged, compared to its average volume of 537,364. Unilever has a one year low of $50.80 and a one year high of $64.10. The firm has a market cap of $73.98 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.70 and a beta of 0.57. The firm’s 50-day moving average is $62.47.
Unilever Company Profile
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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