Investing Focus: Traders Keen on Shares of Unilever N.V. (UN), Aflac Incorporated (AFL)

The shares of Unilever N.V. (NYSE:UN) dropped by -6.79% or -$3.99 from its last recorded high of $58.72 which it attained on August 28 to close at $54.73 per share. Over the past 52 weeks, the shares of Unilever N.V. has been trading as low as $51.56 before witnessing a massive surge by 6.15% or $3.17. This price movement has led to the UN stock receiving more attention and has become one to watch out for. It dipped by -0.65% on Monday and this got the market worried. The stock’s beta now stands at 0.59 and when compared to its 200-day moving average and its 50-day moving average, UN price stands -1.16% below and 0.92% above respectively. Its average daily volatility for this week is 0.77% which is less than the 0.83% recorded over the past month.

Unilever N.V. (UN) rose 0.2% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 1.92% and is now up by 1.73% since start of this year. A look at its monthly performance shows that the stock has recorded a 2.55% gain over the past 30 days. Its equity price dipped by -0.64% over the past three months which led to its overall six-month decrease to stand at -4.45%.

Experts from research firms are bullish about the near-term performance of Unilever N.V. with most of them predicting a $50 price target on a short-term (12 months) basis. The average price target by the analysts will see a -8.64% rise in the stock and would lead to UN’s market cap to surge to $142.5B. The stock has been rated an average 0, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 2 analysts that track Unilever N.V. (NYSE:UN) and find out that 1 of them rated it as a Hold. 1 of the 1 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at UN technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 54.27 point. Its trading volume has lost -386292 shares compared to readings over the past three months as it recently exchanged 1083708 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1470000 shares, and this is 0.74 times the normal volume.

The price of Aflac Incorporated (NYSE:AFL) currently stands at $48.27 after it went up by $0.09 or 0.19% and has found a strong support at $47.95 a share. If the AFL price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $47.62 mark would also be bad for the stock as it means that the stock would plunge by 1.35% from its current position. However, if the stock price is able to trade above the resistance point around $48.48, then it could likely surge higher to try and break the upward resistance which stands at $48.68 a share. Its average daily volatility over the past one month stands at 1.47%. The stock has plunged by 0.91% from its 52-weeks high of $47.83 which it reached on Jan. 02, 2019. In general, it is 14.21% above its 52-weeks lowest point which stands at $41.41 and this setback was observed on Oct. 26, 2018.

Analysts have predicted a price target for Aflac Incorporated (AFL) for 1 year and it stands at an average $47.86/share. This means that it would likely increase by -0.85% from its current position. The current price of the stock has been moving between $47.83 and $48.36. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $41. On the other hand, one analyst is super bullish about the price, setting a target as high as $55.

The AFL stock Stochastic Oscillator (%D) is at 84.25%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.7 which compares to the 1.06 recorded by the industry or the 10.37 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 10.91, which is lower than the 12.74 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 1.9% over the past five years.

Analysts view Aflac Incorporated (NYSE:AFL) as a Hold, with 2.8 consensus rating. Reuters surveyed 16 analysts that follow AFL and found that 11 of those analysts rated the stock as a Hold. The remaining 5 were divided, with 3 analyst rating it as a Buy or a Strong Buy while 2 analysts advised investors to desist from buying Aflac Incorporated (AFL) shares or sell it if they already own it.