Unilever (NYSE:UL)‘s stock had its “neutral” rating reaffirmed by equities research analysts at J P Morgan Chase & Co in a research report issued on Monday.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. Argus began coverage on shares of Unilever in a research note on Friday, November 17th. They set a “hold” rating on the stock. Finally, Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever in a research note on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Unilever currently has a consensus rating of “Hold” and an average price target of $44.50.

Unilever (UL) opened at $55.75 on Monday. Unilever has a 52-week low of $40.13 and a 52-week high of $60.13.

Several institutional investors and hedge funds have recently made changes to their positions in UL. Jackson Wealth Management LLC bought a new stake in Unilever during the third quarter worth about $5,785,000. Richard C. Young & CO. LTD. boosted its stake in Unilever by 1.0% during the second quarter. Richard C. Young & CO. LTD. now owns 232,677 shares of the company’s stock worth $12,592,000 after acquiring an additional 2,236 shares in the last quarter. Renaissance Group LLC boosted its stake in Unilever by 0.9% during the second quarter. Renaissance Group LLC now owns 315,486 shares of the company’s stock worth $17,074,000 after acquiring an additional 2,869 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Unilever by 9.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 82,998 shares of the company’s stock worth $4,492,000 after acquiring an additional 7,023 shares in the last quarter. Finally, Matthew Goff Investment Advisor LLC boosted its stake in Unilever by 10.6% during the second quarter. Matthew Goff Investment Advisor LLC now owns 57,122 shares of the company’s stock worth $3,091,000 after acquiring an additional 5,472 shares in the last quarter. 7.09% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “Unilever (UL) Stock Rating Reaffirmed by J P Morgan Chase & Co” was first reported by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was stolen and reposted in violation of US and international copyright & trademark laws. The original version of this report can be viewed at https://www.watchlistnews.com/unilever-ul-stock-rating-reaffirmed-by-j-p-morgan-chase-co/1773981.html.

About Unilever

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

Analyst Recommendations for Unilever (NYSE:UL)

Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.com's FREE daily email newsletter.