Unilever (NYSE:UL) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Unilever (NYSE:UL – Get Rating) in a research note issued on Thursday. The firm set a “strong-buy” rating on the stock.

Separately, Sanford C. Bernstein lowered Unilever from a “market perform” rating to an “underperform” rating in a research report on Tuesday, January 17th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $46.00.

Unilever Stock Down 1.3 %

Shares of UL stock opened at $54.13 on Thursday. The stock has a 50-day moving average of $52.50 and a 200-day moving average of $50.66. Unilever has a one year low of $42.44 and a one year high of $55.99.

Hedge Funds Weigh In On Unilever

A number of large investors have recently bought and sold shares of UL. Syverson Strege & Co acquired a new position in Unilever during the 1st quarter worth approximately $25,000. Fortis Capital Advisors LLC acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $26,000. New Hampshire Trust acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $27,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Unilever in the 1st quarter valued at approximately $27,000. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 10.06% of the company’s stock.

About Unilever

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Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment offers hair care, skin care, and prestige beauty and health & wellbeing. The Personal Care segment consists of sales of skin cleansing, deodorant, and oral care products.