Univar (UNVR) : 7 analysts are covering Univar (UNVR) and their average rating on the stock is 2.43, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Univar (UNVR) stock is expected to deviate a maximum of $1.14 from the average target price of $21.4 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $23 and the most muted being $20.
For the current week, the company shares have a recommendation consensus of Buy. Also, Barclays maintains its view on Univar (NYSE:UNVR) according to the research report released by the firm to its investors. The shares have now been rated Equal-weight by the stock experts at the ratings house. Barclays raises the price target from $20 per share to $21 per share on Univar . The rating by the firm was issued on August 16, 2016.
Univar (NYSE:UNVR): stock was range-bound between the intraday low of $20.38 and the intraday high of $20.73 after having opened at $20.73 on Wednesdays session. The stock finally closed in the red at $20.73, a loss of -0.72%. The stock remained in the red for the whole trading day. The total traded volume was 412,791 shares. The stock failed to cross $20.73 in Wednesdays trading. The stocks closing price on Thursday was $20.72.
Univar Inc. is a global chemical distributor and provider of services. The Company source chemicals from over 8,800 producers worldwide and provide a range of products and services to over 133,000 customer locations in over 150 countries. The Companys customers, includes Akzo Nobel, Dow Chemical Company, Henkel, Ecolab, PPG, Valero Energy, FMC Corporation, Georgia-Pacific and Kellogg Company. The Company operates in its geographical segments: Univar USA (USA), Univar Canada, or Canada, Univar Europe and the Middle East and Africa, or EMEA, and Rest of World. The Company serves all of the premier United States oil and gas plays, including Bakken, Eagle Ford and Marcellus as well as the Canadian oil sands.