Today’s Price Action: Unilever N.V. (ADR) Rises A lot Today, Is Now One of The Best Performer

Today's Price Action: Unilever N.V. (ADR) Rises A lot Today, Is Now One of The Best Performer

The stock of Unilever N.V. (ADR) (NYSE:UN) is a huge mover today! About 2.64 million shares traded hands. Unilever N.V. (ADR) (NYSE:UN) has declined 14.18% since April 22, 2016 and is downtrending. It has underperformed by 19.59% the S&P500.
The move comes after 9 months positive chart setup for the $117.88 billion company. It was reported on Nov, 25 by Barchart.com. We have $42.37 PT which if reached, will make NYSE:UN worth $8.25 billion more.

Unilever N.V. (ADR) (NYSE:UN) Ratings Coverage

Out of 6 analysts covering Unilever NV (NYSE:UN), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Unilever NV has been the topic of 6 analyst reports since September 25, 2015 according to StockzIntelligence Inc. As per Friday, July 22, the company rating was downgraded by RBC Capital Markets. The company was upgraded on Tuesday, January 12 by JP Morgan. The firm has “Buy” rating by Citigroup given on Wednesday, August 31. As per Friday, September 25, the company rating was upgraded by Berenberg. The company was upgraded on Tuesday, December 8 by Credit Suisse. The stock has “Outperform” rating given by Bernstein on Monday, August 22.

According to Zacks Investment Research, “Unilever is one of the world’s largest consumer products companies. They produce and market a wide range of foods, home and personal care products. Their leading brands include Dove, Lipton, Magnum, Omo and Rama. They are the number one producer of frozen foods in Europe, They are also a leader in the branded olive oil category the most important brand being Bertolli. They are the largest seller of packet tea in the world through our Lipton and Brooke Bond brands.”

Another recent and important Unilever N.V. (ADR) (NYSE:UN) news was published by Marketwatch.com which published an article titled: “/quotes/zigman/3870025/realtime” on December 21, 2009.

UN Company Profile

Unilever N.V., incorporated in 1927, is a fast moving consumer goods company. The Firm operates through four divisions: Personal Care, Foods, Home Care and Refreshment. The Company’s Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products. The Company’s Foods segment includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads. The Company’s Home Care segment includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products. The Company’s Refreshment segment includes sales of ice cream and tea beverages. It has approximately 10 brands, which include AXE, Dove, Knorr, Lipton, Magnum, Omo, LUX, Rexona and Surf, among others.

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