According to Zacks, “Unilever is one of the world’s largest consumer products companies. They produce and market a wide range of foods, home and personal care products. Their leading brands include Dove, Lipton, Magnum, Omo and Rama. They are the number one producer of frozen foods in Europe, They are also a leader in the branded olive oil category the most important brand being Bertolli. They are the largest seller of packet tea in the world through our Lipton and Brooke Bond brands. “
Several other brokerages also recently issued reports on UN. Barclays assumed coverage on Unilever in a report on Tuesday, April 9th. They set an “underweight” rating for the company. Credit Suisse Group upgraded Unilever from a “neutral” rating to an “outperform” rating in a report on Friday, May 3rd. Finally, DZ Bank downgraded Unilever from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Unilever has a consensus rating of “Hold” and a consensus price target of $66.50.
Institutional investors have recently made changes to their positions in the stock. Comerica Securities Inc. acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $373,000. D. E. Shaw & Co. Inc. acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $1,766,000. Squarepoint Ops LLC acquired a new stake in shares of Unilever in the 4th quarter valued at approximately $353,000. Deutsche Bank AG boosted its holdings in shares of Unilever by 62.2% in the 4th quarter. Deutsche Bank AG now owns 193,476 shares of the company’s stock valued at $10,406,000 after buying an additional 74,175 shares during the last quarter. Finally, Rockland Trust Co. acquired a new stake in shares of Unilever in the 1st quarter valued at approximately $884,000. Institutional investors and hedge funds own 7.58% of the company’s stock.
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.
Featured Article: How mutual funds make money
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.