BofA reinstated coverage of Unilever (UL) with a Buy rating and 5,300 GBp price target The firm’s positive stance is based on the company’s successful transformation in the U.S. towards more wellbeing and personal care, an “unrivalled market position” in the large and underpenetrated Indian market and a valuation that “now looks to us attractive,” the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UL:
- Unilever upgraded to Buy from Hold at DZ Bank
- Emerging Market Price Resets Threaten Unilever’s 2026 Earnings and Margins
- The Week That Was, The Week Ahead: Macro and Markets, April 5
- Unilever: Strategic Foods Spin-Off Unlocks Value and Refocuses Growth, Supporting a Buy Rating
- McCormick price target lowered to $64 from $81 at Jefferies