3 days ago
Hindustan Unilever Limited (HINDUNILVR) Receives a Buy from UBS
UBS analyst Amit Sachdeva maintained a Buy rating on Hindustan Unilever Limited today and set a price target of INR2,800.00. The company's shares closed yesterday at INR2,339.30.
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According to TipRanks, Sachdeva is a 2-star analyst with an average return of 2.2% and a 40.00% success rate. Sachdeva covers the Consumer Goods sector, focusing on stocks such as Hindustan Unilever Limited, Asian Paints Ltd., and Britannia Industries Ltd.
Currently, the analyst consensus on Hindustan Unilever Limited is a Hold with an average price target of INR2,455.17, a 4.95% upside from current levels. In a report released on June 29, Nomura also maintained a Buy rating on the stock with a INR2,600.00 price target.
Based on Hindustan Unilever Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR155.9 billion and a net profit of INR29.84 billion. In comparison, last year the company earned a revenue of INR152.94 billion and had a net profit of INR25.09 billion
