Unilever NV (NYSE:UN)’s share price gapped down before the market opened on Friday . The stock had previously closed at $56.67, but opened at $57.65. Unilever NV shares last traded at $56.47, with a volume of 2,785,236 shares changing hands.

Several equities analysts have weighed in on UN shares. BidaskClub raised Unilever NV from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever NV in a report on Thursday, September 7th. Zacks Investment Research lowered Unilever NV from a “buy” rating to a “hold” rating in a report on Friday, October 6th. UBS AG reissued a “neutral” rating on shares of Unilever NV in a report on Monday, July 17th. Finally, Royal Bank Of Canada lowered Unilever NV from a “sector perform” rating to an “underperform” rating in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Unilever NV presently has a consensus rating of “Hold” and an average price target of $66.00.

The firm’s 50-day moving average is $59.65 and its 200 day moving average is $56.53. The stock has a market capitalization of $158.40 billion, a price-to-earnings ratio of 23.09 and a beta of 0.89.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Pinnacle Financial Partners Inc. bought a new stake in shares of Unilever NV during the 2nd quarter valued at $127,000. Proficio Capital Partners LLC grew its position in shares of Unilever NV by 503.0% during the 1st quarter. Proficio Capital Partners LLC now owns 2,647 shares of the company’s stock valued at $148,000 after acquiring an additional 2,208 shares during the period. Bollard Group LLC grew its position in shares of Unilever NV by 16.2% during the 2nd quarter. Bollard Group LLC now owns 3,485 shares of the company’s stock valued at $193,000 after acquiring an additional 487 shares during the period. Park National Corp OH bought a new stake in shares of Unilever NV during the 2nd quarter valued at $200,000. Finally, Roffman Miller Associates Inc. PA bought a new stake in shares of Unilever NV during the 2nd quarter valued at $201,000. Institutional investors and hedge funds own 8.97% of the company’s stock.

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About Unilever NV

Unilever N.V. 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.

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