Univar Inc. (UNVR) Given Average Rating of “Hold” by Brokerages

Shares of Univar Inc. (NYSE:UNVR) have been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $33.20.

A number of analysts recently commented on the company. Zacks Investment Research cut Univar from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. BidaskClub upgraded Univar from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Barclays PLC lifted their price target on Univar from $33.00 to $34.00 and gave the company an “equal weight” rating in a report on Monday, August 7th. Berenberg Bank began coverage on Univar in a report on Thursday, July 6th. They issued a “sell” rating and a $24.00 price target for the company. Finally, Credit Suisse Group lowered their price target on Univar from $39.00 to $36.00 and set an “outperform” rating for the company in a report on Thursday, August 31st.

Institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in Univar in the 2nd quarter valued at about $122,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Univar by 12.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock valued at $124,000 after buying an additional 469 shares during the period. BNP Paribas Arbitrage SA grew its holdings in Univar by 176.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock valued at $141,000 after buying an additional 3,082 shares during the period. Raymond James Trust N.A. purchased a new stake in Univar in the 3rd quarter valued at about $203,000. Finally, Turner Investments LLC purchased a new stake in Univar in the 2nd quarter valued at about $234,000. Institutional investors own 96.96% of the company’s stock.

WARNING: This report was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/29/univar-inc-unvr-given-average-rating-of-hold-by-brokerages.html.

Shares of Univar (NYSE UNVR) opened at 29.36 on Friday. The stock’s market cap is $4.13 billion. The company has a 50 day moving average of $28.92 and a 200-day moving average of $28.92. Univar has a one year low of $20.54 and a one year high of $33.15.

Univar (NYSE:UNVR) last posted its quarterly earnings data on Friday, August 4th. The basic materials company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Univar had a positive return on equity of 15.46% and a negative net margin of 0.85%. The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 EPS. On average, analysts anticipate that Univar will post $0.90 earnings per share for the current year.

Univar Company Profile

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

Analyst Recommendations for Univar (NYSE:UNVR)

Receive News & Ratings for Univar Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univar Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply