The stock of Unilever plc (ADR) (NYSE:UL) is a huge mover today! About 2.20 million shares traded hands or 48.65% up from the average. Unilever plc (ADR) (NYSE:UL) has declined 2.35% since March 11, 2016 and is downtrending. It has underperformed by 7.81% the S&P500.
The move comes after 6 months negative chart setup for the $124.70 billion company. It was reported on Oct, 14 by Barchart.com. We have $39.70 PT which if reached, will make NYSE:UL worth $9.98 billion less.
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. JP Morgan upgraded Unilever plc (ADR) (NYSE:UL) on Tuesday, January 12 to “Overweight” rating. The stock has “Buy” rating given by Canaccord Genuity on Friday, July 24. The company was downgraded on Wednesday, August 12 by Goldman Sachs. The firm has “Outperform” rating given on Monday, August 22 by Bernstein. The firm earned “Sector Perform” rating on Friday, July 22 by RBC Capital Markets.
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: “Virtual Stock Exchange” 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, Seekingalpha.com published: “Tesco, Unilever in Brexit pricing spat” on October 13, 2016. 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: “Unilever plc (ADR) (UL) Stock Surges Over Better-Than-Expected 1QFY15 Revenues” with publication date: April 16, 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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