Unilever (NYSE:UL) Raised to “Buy” at DZ Bank

Unilever (NYSE:ULGet Free Report) was upgraded by equities researchers at DZ Bank from a “hold” rating to a “buy” rating in a research note issued to investors on Friday,Finviz reports.

Several other research analysts also recently issued reports on UL. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Tuesday. Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three analysts have rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

Read Our Latest Research Report on Unilever

Unilever Trading Up 0.9 %

NYSE:UL traded up $0.50 during mid-day trading on Friday, hitting $56.04. 1,424,145 shares of the company’s stock were exchanged, compared to its average volume of 2,686,236. The business has a fifty day moving average price of $56.85 and a 200 day moving average price of $60.13. Unilever has a one year low of $46.46 and a one year high of $65.87.

Hedge Funds Weigh In On Unilever

A number of hedge funds and other institutional investors have recently modified their holdings of UL. Golden State Wealth Management LLC bought a new position in shares of Unilever during the fourth quarter worth $26,000. Financial Life Planners bought a new position in Unilever during the fourth quarter valued at $28,000. VSM Wealth Advisory LLC bought a new position in Unilever during the fourth quarter valued at $28,000. Roxbury Financial LLC bought a new position in Unilever during the fourth quarter valued at $30,000. Finally, Vermillion Wealth Management Inc. bought a new position in Unilever during the fourth quarter valued at $30,000. Institutional investors own 9.67% of the company’s stock.

Unilever Company Profile

(Get Free Report)

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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Analyst Recommendations for Unilever (NYSE:UL)

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