Wells Fargo & Co set a $27.00 price objective on Univar (NYSE:UNVR) in a report published on Monday morning, Stock Target Advisor reports. The firm currently has a buy rating on the basic materials company’s stock.

UNVR has been the subject of several other research reports. Zacks Investment Research raised shares of Univar from a strong sell rating to a hold rating in a report on Tuesday, January 29th. Vertical Research raised shares of Univar from a hold rating to a buy rating in a report on Thursday, January 3rd. Barclays reaffirmed a hold rating and issued a $26.00 price objective on shares of Univar in a report on Wednesday, March 6th. Finally, ValuEngine raised shares of Univar from a strong sell rating to a sell rating in a report on Monday, February 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of $29.20.

Univar stock opened at $22.23 on Monday. The stock has a market cap of $3.85 billion, a PE ratio of 13.72, a PEG ratio of 1.72 and a beta of 1.57. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.64 and a quick ratio of 1.04. Univar has a one year low of $16.33 and a one year high of $31.23.

Univar (NYSE:UNVR) last released its quarterly earnings results on Friday, February 8th. The basic materials company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.01 billion. Univar had a net margin of 2.00% and a return on equity of 19.35%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Equities research analysts predict that Univar will post 1.48 EPS for the current year.

A number of hedge funds have recently bought and sold shares of UNVR. Penserra Capital Management LLC acquired a new stake in Univar in the 4th quarter valued at about $35,000. Skylands Capital LLC raised its holdings in Univar by 216.7% during the 4th quarter. Skylands Capital LLC now owns 3,800 shares of the basic materials company’s stock worth $67,000 after buying an additional 2,600 shares during the period. Quantamental Technologies LLC acquired a new stake in Univar during the 4th quarter worth about $74,000. Ramsey Quantitative Systems acquired a new stake in Univar during the 4th quarter worth about $166,000. Finally, Blueshift Asset Management LLC acquired a new stake in Univar during the 4th quarter worth about $215,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Univar Company Profile

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

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Analyst Recommendations for Univar (NYSE:UNVR)

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