Unilever - UL Stock Forecast, Price & News

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories. The Home Care segment provides fabric solutions and various cleaning products. The company offers its products under the Domestos, OMO, Seventh Generation, Ben & Jerry's, Knorr, Magnum, Wall's, Bango, the Vegetarian Butcher, Axe, Cif, Comfort, Dove, Lifebuoy, Lux, Rexona, Sunsilk, Equilibra, OLLY, Liquid I.V., SmartyPants, Onnit, Hellmann's, and Vaseline brands. Unilever PLC was incorporated in 1894 and is headquartered in London, the United Kingdom.

Analysts Set New Price Targets

A number of brokerages have commented on UL. DZ Bank cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Wednesday, July 27th. Sanford C. Bernstein raised shares of Unilever from a "market perform" rating to an "outperform" rating in a report on Friday, July 22nd. StockNews.com lowered shares of Unilever from a "buy" rating to a "hold" rating in a report on Friday. Societe Generale lowered shares of Unilever from a "buy" rating to a "sell" rating in a report on Monday, May 16th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Tuesday, July 26th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Unilever presently has a consensus rating of "Hold".

Unilever Price Performance

Shares of Unilever stock opened at $48.42 on Tuesday. The firm has a 50 day simple moving average of $46.32 and a 200 day simple moving average of $46.79. Unilever has a fifty-two week low of $42.54 and a fifty-two week high of $57.85.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Friday, August 5th will be issued a $0.4555 dividend. The ex-dividend date is Thursday, August 4th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 3.76%. This is a positive change from Unilever's previous quarterly dividend of $0.45.