Nomura Reaffirms Their Buy Rating on Hindustan Unilever Limited (HINDUNILVR)
In a report released today, Mihir Shah from Nomura maintained a Buy rating on Hindustan Unilever Limited (HINDUNILVR – Research Report), with a price target of INR2,600.00. The company's shares closed last Friday at INR2,306.90.
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According to TipRanks, Shah is a 2-star analyst with an average return of 0.8% and a 45.83% success rate. Shah covers the Consumer Goods sector, focusing on stocks such as Asian Paints Ltd., Britannia Industries Ltd, and Dabur India Limited.
Hindustan Unilever Limited has an analyst consensus of Hold, with a price target consensus of INR2,455.17.
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
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