Unilever PLC (NYSE:UL) Receives Average Recommendation of “Hold” from Brokerages

Shares of Unilever PLC (NYSE:UL) have been assigned an average recommendation of “Hold” from the ten research firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $61.75.

Several equities research analysts have recently issued reports on UL shares. Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th.

Unilever Stock Performance

NYSE UL opened at $58.30 on Tuesday. Unilever has a 1-year low of $46.46 and a 1-year high of $65.87. The business has a 50 day simple moving average of $57.33 and a two-hundred day simple moving average of $60.40.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Pinion Investment Advisors LLC increased its holdings in shares of Unilever by 2.0% during the fourth quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company’s stock valued at $524,000 after acquiring an additional 177 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of Unilever by 7.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after buying an additional 181 shares during the last quarter. Timber Creek Capital Management LLC lifted its stake in shares of Unilever by 0.5% during the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after buying an additional 182 shares during the period. Farmers & Merchants Investments Inc. increased its position in shares of Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock valued at $320,000 after acquiring an additional 185 shares during the period. Finally, Alhambra Investment Management LLC lifted its position in Unilever by 4.2% during the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock worth $260,000 after acquiring an additional 186 shares during the period. 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.