Unilever (NYSE:UN) Rating Lowered to Sell at UBS Group

Unilever (NYSE:UN) was downgraded by stock analysts at UBS Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday, The Fly reports.

UN has been the subject of a number of other reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a research note on Monday, May 4th. Barclays reaffirmed an “equal weight” rating on shares of Unilever in a research note on Monday, June 8th. DZ Bank lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Argus lowered their price objective on shares of Unilever from $65.00 to $52.00 and set a “buy” rating for the company in a research note on Tuesday, March 24th. Finally, Morgan Stanley lowered shares of Unilever from an “overweight” rating to an “underweight” rating in a research note on Tuesday, April 7th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $52.00.

UN stock opened at $53.27 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.78 and a debt-to-equity ratio of 1.70. Unilever has a twelve month low of $42.00 and a twelve month high of $63.62. The stock has a market capitalization of $93.47 billion, a price-to-earnings ratio of 18.63 and a beta of 0.52. The firm’s fifty day simple moving average is $51.92 and its two-hundred day simple moving average is $53.43.

A number of large investors have recently modified their holdings of UN. Wilbanks Smith & Thomas Asset Management LLC boosted its position in Unilever by 1.8% in the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 9,834 shares of the company’s stock worth $565,000 after purchasing an additional 172 shares in the last quarter. Omnia Family Wealth LLC boosted its position in Unilever by 3.9% in the 1st quarter. Omnia Family Wealth LLC now owns 5,743 shares of the company’s stock worth $280,000 after purchasing an additional 213 shares in the last quarter. Baird Financial Group Inc. boosted its position in Unilever by 0.8% in the 4th quarter. Baird Financial Group Inc. now owns 28,987 shares of the company’s stock worth $1,666,000 after purchasing an additional 230 shares in the last quarter. Quest Capital Management Inc. ADV boosted its position in Unilever by 4.0% in the 1st quarter. Quest Capital Management Inc. ADV now owns 6,439 shares of the company’s stock worth $314,000 after purchasing an additional 248 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in Unilever by 7.7% in the 1st quarter. Valeo Financial Advisors LLC now owns 3,719 shares of the company’s stock worth $185,000 after purchasing an additional 266 shares in the last quarter. Institutional investors own 8.68% of the company’s stock.

Unilever Company Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. It operates in three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.

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Analyst Recommendations for Unilever (NYSE:UN)

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