Unilever NLG 1.12 (NYSE:UN) was downgraded by investment analysts at Panmure Gordon from a “buy” rating to a “hold” rating in a note issued to investors on Monday, American Banking News.com reports.
A number of other analysts have also recently weighed in on UN. Analysts at HSBC cut their price target on shares of Unilever NLG 1.12 from $36.00 to $34.00 in a research note to investors on Thursday, October 3rd. They now have an “overweight” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Unilever NLG 1.12 from a “conviction-buy” rating to a “buy” rating in a research note to investors on Thursday, October 3rd. Finally, analysts at ING Group cut their price target on shares of Unilever NLG 1.12 from $31.00 to $30.00 in a research note to investors on Wednesday, October 2nd. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $33.33.
Shares of Unilever NLG 1.12 (NYSE:UN) opened at 39.61 on Monday. Unilever NLG 1.12 has a one year low of $35.27 and a one year high of $42.99. The stock has a 50-day moving average of $39.0 and a 200-day moving average of $40.37. The company has a market cap of $112.4 billion and a price-to-earnings ratio of 18.66.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, December 11th. Investors of record on Friday, November 8th will be paid a dividend of $0.37 per share. This represents a $1.47 annualized dividend and a dividend yield of 3.71%. The ex-dividend date is Wednesday, November 6th.
Unilever N.V. (NYSE:UN) is a supplier of consumer goods.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.