UBS downgrades Unilever to sell with target price of 4000 pence

UBS has given Unilever shares a "Sell" rating based on the financial results of Hindustan Unilever and Unilever Indonesia.

Analyst Guillaume Delmas has set a price target of 4000 Pence for the company.

UBS's outlook on the parent company has been influenced by the recent performance metrics released by its subsidiaries.

The original study was published on October 23, 2024, at 13:15 GMT, providing insights into Unilever's current market positioning.

Investors should consider this rating as part of their investment strategy, especially in the broader consumer goods sector.

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