Unilever (NYSE:UL) Lifted to Buy at Goldman Sachs Group
Goldman Sachs Group upgraded shares of Unilever (NYSE:UL) from a neutral rating to a buy rating in a research note issued to investors on Tuesday morning, Briefing.com Automated Import reports.
Several other brokerages have also issued reports on UL. Zacks Investment Research upgraded Unilever from a sell rating to a hold rating in a research report on Thursday, August 29th. HSBC assumed coverage on Unilever in a research report on Friday, June 28th. They set a hold rating for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Unilever presently has a consensus rating of Hold and an average target price of $66.00.
Shares of NYSE:UL opened at $63.74 on Tuesday. Unilever has a 1 year low of $50.80 and a 1 year high of $64.84. The business has a 50 day simple moving average of $61.28 and a two-hundred day simple moving average of $59.78. The firm has a market capitalization of $74.48 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 2.73 and a beta of 0.53.
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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