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.

Unilever Trading Up 0.9 %

Shares of NYSE:UL traded up $0.44 on Monday, reaching $48.51. 50,389 shares of the company traded hands, compared to its average volume of 4,181,592. Unilever has a fifty-two week low of $42.54 and a fifty-two week high of $57.85. The company has a 50 day moving average of $46.23 and a 200 day moving average of $46.79.

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 given a dividend of $0.4555 per share. This is a positive change from Unilever's previous quarterly dividend of $0.45. The ex-dividend date is Thursday, August 4th. This represents a $1.82 annualized dividend and a yield of 3.76%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. DZ Bank cut Unilever from a "buy" rating to a "hold" rating in a report on Wednesday, July 27th. Societe Generale lowered shares of Unilever from a "buy" rating to a "sell" rating in a report on Monday, May 16th. Sanford C. Bernstein upgraded 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 research report on Friday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research report on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Unilever presently has a consensus rating of "Hold".