Univar Inc (NYSE:UNVR) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 19, 2016
Zacks Investment Research has downgraded Univar Inc (NYSE:UNVR) to Hold in a statement released on 10/18/2016.
On Wednesday October 12, 2016, Zacks Investment Research released a statement for Univar Inc (NYSE:UNVR) bumped up the target price from $0.00 to $25.00 that suggested an upside of 0.17%.
Boasting a price of $21.88, Univar Inc (NYSE:UNVR) traded 1.81% higher on the day. With the last stock price close up 14.25% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Univar Inc has recorded a 50-day average of $20.90 and a two hundred day average of $19.15. Volume of trade was up over the average, with 692,982 shares of UNVR changing hands over the typical 646,337
With a total market value of $0, Univar Inc has price-earnings ratio of 47.77 with a one year low of $10.65 and a 52 week high of $22.76 .
In addition to Zacks Investment Research reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $19.71 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Univar Inc (NYSE:UNVR)
Univar Inc. is a distributor of commodity and specialty chemicals. The Company's segments include Univar USA (USA); Univar Canada (Canada); Univar Europe, the Middle East and Africa (EMEA), and Rest of World. The Rest of World segment includes developing businesses in Latin America, including Brazil and Mexico, and the Asia-Pacific region. Its USA segment offers commodity and specialty chemicals to manufacturing and industrial production sectors in the United States. Its Canadian operations are divided into approximately two regions: Eastern Canada, where it focuses on customer end markets, including cleaning and sanitization, chemical manufacturing, personal care and pharmaceutical, and Western Canada, where it focuses on forestry, chemical manufacturing, mining, and oil and gas markets, such as midstream gas and oil sands processing, as well as refining. Its EMEA segment caters to pharmaceutical products and ingredients, food, coating and adhesives, and personal care industries.
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