Analyst Robert Moskow of TD Cowen maintained a Buy rating on Unilever, with a price target of p5,400.00.
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Robert Moskow has given his Buy rating due to a combination of factors including Unilever’s strong performance in both developed and emerging markets. The company reported impressive growth figures for the second quarter, surpassing expectations with a 3.8% organic growth and earnings per share of €1.59, which were higher than the consensus estimates. This broad-based growth, particularly in North America and Europe, highlights Unilever’s successful product launches and market share gains.
Furthermore, Unilever’s operational improvements in key emerging markets like India, China, and Indonesia are gaining momentum, contributing positively to the company’s overall performance. The outlook for fiscal year 2025 suggests further margin expansion, with management’s guidance indicating stronger gross and operating margins in the second half of the year. These factors collectively reinforce a positive view of Unilever’s ability to navigate challenges and continue its growth trajectory, justifying the Buy rating.
In another report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a £49.00 price target.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ULVR in relation to earlier this year.