Unilever (UN) Sets New 52-Week High at $48.00
Unilever (NYSE:UN) reached a new 52-week high on Friday . The stock traded as high as $48.00 and last traded at $47.81, with a volume of 1,853,192 shares changing hands. The stock had previously closed at $46.38.
Several research firms have recently weighed in on UN. Zacks Investment Research lowered Unilever from a “buy” rating to a “hold” rating in a research note on Thursday, June 16th. Citigroup Inc. upgraded Unilever from a “neutral” rating to a “buy” rating in a research note on Wednesday. RBC Capital Markets lowered Unilever from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. Royal Bank Of Canada lowered Unilever from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Unilever in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $40.50.
The firm has a market cap of $135.64 billion and a price-to-earnings ratio of 24.34. The company has a 50 day moving average price of $46.09 and a 200-day moving average price of $45.00.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 7th. Investors of record on Friday, August 5th will be issued a dividend of $0.3531 per share. This represents a $1.41 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Wednesday, August 3rd. This is an increase from Unilever’s previous quarterly dividend of $0.34.
Unilever N.V. is a fast moving consumer goods company. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. Its Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. Its Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads.
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