Unilever PLC (NYSE:UL) was downgraded by stock analysts at Royal Bank Of Canada from a “sector perform” rating to an “underperform” rating in a research report issued to clients and investors on Friday.

Several other research firms have also issued reports on UL. Zacks Investment Research lowered shares of Unilever PLC from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Unilever PLC has an average rating of “Hold” and an average price target of $43.50.

Unilever PLC (NYSE:UL) traded up 0.3295% during trading on Friday, reaching $56.8768. The company had a trading volume of 750,329 shares. The stock has a market capitalization of $159.97 billion, a P/E ratio of 23.7283 and a beta of 0.88. The stock has a 50 day moving average of $55.68 and a 200-day moving average of $51.12. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $57.65.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/unilever-plc-ul-rating-lowered-to-underperform-at-royal-bank-of-canada.html.

Several large investors have recently bought and sold shares of UL. Mercer Capital Advisers Inc. increased its stake in Unilever PLC by 2.6% in the second quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock valued at $106,000 after buying an additional 50 shares during the last quarter. Hanson & Doremus Investment Management increased its stake in Unilever PLC by 7.2% in the second quarter. Hanson & Doremus Investment Management now owns 2,230 shares of the company’s stock valued at $121,000 after buying an additional 150 shares during the last quarter. Carroll Financial Associates Inc. increased its stake in Unilever PLC by 12.2% in the first quarter. Carroll Financial Associates Inc. now owns 2,374 shares of the company’s stock valued at $117,000 after buying an additional 258 shares during the last quarter. Hartford Financial Management Inc. increased its position in Unilever PLC by 143.7% in the first quarter. Hartford Financial Management Inc. now owns 2,476 shares of the company’s stock worth $122,000 after buying an additional 1,460 shares in the last quarter. Finally, NEXT Financial Group Inc increased its position in Unilever PLC by 7.6% in the second quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock worth $196,000 after buying an additional 256 shares in the last quarter. Institutional investors and hedge funds own 8.41% of the company’s stock.

About Unilever PLC

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Analyst Recommendations for Unilever PLC (NYSE:UL)

Receive News & Ratings for Unilever PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever PLC and related companies with MarketBeat.com's FREE daily email newsletter.