Deutsche Bank upgrades Unilever to Buy and raises price target to 5,350 pence
Deutsche Bank lifted its rating on Unilever from Hold to Buy and increased its price target to 5,350 pence, up from 5,300 pence. The bank highlighted the consumer‑goods group's defensive profile, scale and operational transformation. It forecast like‑for‑like growth of 4.6% in 2027 and 4.2% in 2028, each accompanied by margin expansion, and noted the company's 5.2% underlying sales growth in the latest quarter. Unilever also aims to achieve €1 billion in cost savings by 2029.
Why it matters
Deutsche Bank estimates the new target implies about 8.5% upside from the current London share price, suggesting potential valuation upside for investors. The growth and margin forecasts set expectations for Unilever's earnings trajectory over the next two years.
Key facts
- 1Deutsche Bank upgraded Unilever to Buy from Hold. finance.yahoo.com
- 2The bank raised its price target to 5,350 pence from 5,300 pence. finance.yahoo.com
- 3Deutsche Bank forecasts 4.6% like‑for‑like growth in Unilever's home and personal care businesses in 2027, with a 10‑basis‑point margin improvement. finance.yahoo.com
- 4It expects 4.2% growth in 2028 with an additional 20‑basis‑point margin expansion. finance.yahoo.com
- 5Unilever reported underlying sales growth of 5.2% in the third quarter, including 2.9% volume growth. finance.yahoo.com
- 6The company is targeting €1 billion in savings by 2029. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.