Unilever NLG 1.12 ADR (NYSE: UN) was downgraded by analysts at Citigroup (NYSE: C) from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.
Separately, analysts at Deutsche Bank (NYSE: DB) downgraded shares of Unilever NLG 1.12 ADR from a “buy” rating to a “hold” rating in a research note to investors on Thursday, January 12nd.
Unilever N.V. (Unilever) is a supplier of consumer goods. It focuses on everyday consumer needs for nutrition, hygiene and personal care. Unilever’s portfolio includes brands, as Knorr, Lipton, Hellmann’s, Magnum, Omo, Dove, Lux and Axe/Lynx. The Company’s products are sold in over 170 countries around the world. It operates under four categories: savoury, dressings and spreads; ice cream and beverages; personal care; and home care. On July 3, 2009, Unilever acquired Baltimor Holding ZAO. In September 2009, the Company completed the sale of the palm oil plantation in the Democratic Republic of the Congo. On November 24, 2009, the Company sold its interest in JohnsonDiversey.
Shares of Unilever NLG 1.12 ADR traded down 0.91% during mid-day trading on Tuesday, hitting $32.68. Unilever NLG 1.12 ADR has a one year low of $28.89 and a one year high of $35.17. The stock’s 50-day moving average is $33.46 and its 200-day moving average is $32.86. The company has a market cap of $91.997 billion and a P/E ratio of 16.66.