Analysts Set Univar Solutions Inc. (NYSE:UNVR) Target Price at $18.30

Shares of Univar Solutions Inc. (NYSE:UNVR) have received an average recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $18.30.

Separately, Bank of America reiterated an “underperform” rating on shares of Univar Solutions in a report on Monday, March 15th.

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In other Univar Solutions news, Director Christopher D. Pappas purchased 10,000 shares of the stock in a transaction on Monday, March 1st. The stock was acquired at an average price of $20.45 per share, with a total value of $204,500.00. Following the transaction, the director now directly owns 40,162 shares of the company’s stock, valued at approximately $821,312.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.60% of the company’s stock.

Several large investors have recently made changes to their positions in UNVR. Marshall Wace North America L.P. bought a new position in shares of Univar Solutions in the 1st quarter worth approximately $49,000. Capital Asset Advisory Services LLC bought a new position in shares of Univar Solutions in the 4th quarter worth approximately $71,000. US Bancorp DE raised its position in shares of Univar Solutions by 903.2% in the 3rd quarter. US Bancorp DE now owns 11,336 shares of the basic materials company’s stock worth $192,000 after acquiring an additional 10,206 shares in the last quarter. Weld Capital Management LLC bought a new position in shares of Univar Solutions in the 3rd quarter worth approximately $201,000. Finally, ProShare Advisors LLC bought a new position in shares of Univar Solutions in the 3rd quarter worth approximately $203,000. 98.58% of the stock is owned by hedge funds and other institutional investors.

UNVR opened at $22.13 on Monday. The stock has a 50-day moving average price of $21.07 and a 200-day moving average price of $19.19. Univar Solutions has a 12-month low of $10.79 and a 12-month high of $22.65. The company has a current ratio of 1.90, a quick ratio of 1.36 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $3.75 billion, a P/E ratio of 122.95, a PEG ratio of 14.15 and a beta of 1.98.

Univar Solutions (NYSE:UNVR) last posted its quarterly earnings data on Wednesday, February 24th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. Univar Solutions had a return on equity of 12.65% and a net margin of 0.38%. On average, equities research analysts predict that Univar Solutions will post 1.25 EPS for the current year.

Univar Solutions Company Profile

Univar Solutions Inc distributes commodity and specialty chemical products, and related services worldwide. It also provides epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; chemicals and service to midstream pipeline and downstream refinery operators; and commodity and specialty products for meat processing, baked goods, dairy, grain mill products, processed foods, carbonated soft drinks, fruit drinks, and alcoholic beverage markets.

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