7 days ago
Jefferies Sticks to Its Buy Rating for Hindustan Unilever Limited (HINDUNILVR)
Jefferies analyst Vivek Maheshwari maintained a Buy rating on Hindustan Unilever Limited on August 1 and set a price target of INR3,000.00. The company's shares closed last Friday at INR2,553.70.
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According to TipRanks, Maheshwari is a 3-star analyst with an average return of 4.0% and a 60.71% success rate. Maheshwari covers the Consumer Goods sector, focusing on stocks such as Asian Paints Ltd., Dabur India Limited, and Varun Beverages Ltd..
In addition to Jefferies, Hindustan Unilever Limited also received a Buy from Goldman Sachs's Arnab Mitra in a report issued on August 1. However, on July 22, Bank of America Securities maintained a Hold rating on Hindustan Unilever Limited (NSE: HINDUNILVR).
Based on Hindustan Unilever Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR154.46 billion and a net profit of INR24.64 billion. In comparison, last year the company earned a revenue of INR150.41 billion and had a net profit of INR25.58 billion
