The stock of Unilever plc (ADR) (NYSE:UL) is a huge mover today! About 1.45 million shares traded hands or 26.09% up from the average. Unilever plc (ADR) (NYSE:UL) has risen 7.77% since March 1, 2016 and is uptrending. It has underperformed by 1.47% the S&P500.
The move comes after 5 months positive chart setup for the $141.99 billion company. It was reported on Oct, 4 by Barchart.com. We have $69.22 PT which if reached, will make NYSE:UL worth $63.90B more.
Unilever plc (ADR) (NYSE:UL) Ratings Coverage
Out of 5 analysts covering Unilever (NYSE:UL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Unilever has been the topic of 5 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Sector Perform” rating given by RBC Capital Markets on Friday, July 22. The company was upgraded on Friday, July 24 by Canaccord Genuity. The company was upgraded on Tuesday, January 12 by JP Morgan. Goldman Sachs downgraded the stock to “Neutral” rating in Wednesday, August 12 report. As per Monday, August 22, the company rating was initiated by Bernstein.
According to Zacks Investment Research, “Unilever plc is engaged in manufacturing of branded and packaged consumer goods, including food, detergents and personal care products. The Company also has interests in specialty chemicals. Unilever sells its products internationally.”
More notable recent Unilever plc (ADR) (NYSE:UL) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on October 07, 2009, also Investorplace.com with their article: “Unilever plc (ADR) Continues to Reward Long-Term Shareholders (UL)” published on May 10, 2016, Businessfinancenews.com published: “Unilever plc (ADR) (UL) Stock Surges Over Better-Than-Expected 1QFY15 Revenues” on April 16, 2015. More interesting news about Unilever plc (ADR) (NYSE:UL) were released by: Investorplace.com and their article: “Unilever plc (ADR) Buys Dollar Shave Club in $1 Billion Deal” published on July 20, 2016 as well as Businessfinancenews.com‘s news article titled: “Alibaba Group Holding Ltd Signs Partnership Agreement With Unilever Plc (ADR)” with publication date: July 20, 2015.
UL Company Profile
Unilever PLC, incorporated on June 21, 1894, is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Firm operates through four divisions: Personal Care, Foods, Home Care and Refreshment. It also offers Pureit, which is an in-home water purifier. The Firm has approximately 400 brands found in homes around the world, including Persil, Dove, Knorr, Domestos, Hellmann’s, Lipton, Wall’s, PG Tips, Ben & Jerry’s, Marmite, Magnum and Lynx. The Firm operates in over 190 countries.
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