Unilever PLC (NYSE:UL – Get Free Report) has received a consensus recommendation of “Reduce” from the five research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $48.00.
A number of research firms recently weighed in on UL. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley downgraded shares of Unilever from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $52.00 to $48.00 in a research report on Tuesday, February 27th.
Read Our Latest Research Report on Unilever
Hedge Funds Weigh In On Unilever
Unilever Stock Performance
Shares of NYSE:UL opened at $46.48 on Wednesday. Unilever has a 12 month low of $46.16 and a 12 month high of $55.99. The company’s fifty day simple moving average is $49.40 and its 200 day simple moving average is $48.57.
Unilever Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, February 23rd were given a $0.4582 dividend. This represents a $1.83 annualized dividend and a dividend yield of 3.94%. The ex-dividend date was Thursday, February 22nd.
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.
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