Unilever N.V. (ADR) (UN) was Downgraded by Numis to ” Hold”. Earlier the firm had a rating of “Add ” on the company shares. Numis advised their investors in a research report released on Apr 18, 2016.
Unilever N.V. (ADR) opened for trading at $45.47 and hit $45.74 on the upside on Friday, eventually ending the session at $45.63, with a gain of 0.73% or 0.33 points. The heightened volatility saw the trading volume jump to 15,14,454 shares. Company has a market cap of $138,025 M.
Unilever NV is a fast moving consumer goods (FMCG) company based in the Netherlands. Its portfolio has four categories: Personal Care Foods Refreshment and Home Care. The Company manufactures most of its products and maintains an international network of 240 manufacturing sites. Its business is organized across three geographies: Americas; Europe and markets comprising Asia Australasia Africa Middle East Turkey Russia Ukraine and Belarus. Personal Care focuses on the e-commerce channel and specialist drug stores. Its Foods category includes the meat snacks business under the Bifi and Peperami brands in Europe and also brands such as Hellmann’s Knorr Royco Bango Becel and Flora Pro.activ among others. The Refreshment category includes ice cream brands such as Wall’s Magnum Cornetto Grom and Ben & Jerry’s and tea brands such as Lipton Brooke Bond and PG tips. The Home Care category’s products’ brands include Omo Surf Lifebuoy Comfort and Domestos among others.