Unilever PLC (NYSE:UL – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $60.26 and last traded at $60.12, with a volume of 293591 shares changing hands. The stock had previously closed at $56.54.
Analysts Set New Price Targets
A number of research firms have commented on UL. JPMorgan Chase & Co. raised Unilever from an “underweight” rating to an “overweight” rating in a report on Thursday, May 23rd. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Monday. TD Cowen began coverage on Unilever in a research report on Tuesday. They set a “buy” rating and a $67.00 price objective for the company. Finally, Argus raised their price objective on Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 8th. 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 stock. According to MarketBeat.com, Unilever has a consensus rating of “Hold” and a consensus target price of $58.33.
Get Our Latest Report on Unilever
Unilever Price Performance
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allen Wealth Management LLC purchased a new position in shares of Unilever during the fourth quarter valued at approximately $2,415,000. Principal Securities Inc. purchased a new position in shares of Unilever during the fourth quarter valued at approximately $1,131,000. Diversify Advisory Services LLC purchased a new position in shares of Unilever during the first quarter valued at approximately $863,000. Virtu Financial LLC purchased a new position in shares of Unilever during the fourth quarter valued at approximately $867,000. Finally, Levin Capital Strategies L.P. boosted its position in shares of Unilever by 35.7% during the fourth quarter. Levin Capital Strategies L.P. now owns 428,269 shares of the company’s stock valued at $20,762,000 after buying an additional 112,677 shares during the period. Hedge funds and other institutional investors own 9.67% of the company’s stock.
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
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Conviction Firms For Chipotle Stock’s 25% Share Price Increase
- About the Markup Calculator
- Beauty Retailer Stock Brings Early Christmas for Value Investors
- How to buy stock: A step-by-step guide for beginners
- Ford Stock EPS Disappoints, Shares Plummet After-Hours
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.