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Jefferies keeps HUL ‘Buy’, sees about 35% upside to Rs 2,850

Jefferies retained a Buy rating on Hindustan Unilever, setting a Rs 2,850 target that implies about 35% upside. It cited 10% June-quarter revenue growth, stable consumer demand and management confidence in maintaining 22.5%-23.5% EBITDA margins despite raw-material inflation.

Newer report , , Outlook Business : Delhi HC Reserves Order in HUL–Beco Dispute Over Surf Excel and Vim Ads

Reported figures

From the report. Source details below

Coforge implied upside: 19%
Bharti Airtel implied upside: 21%
KFin Technologies implied upside: 24%

The source

Source Read the source at Financial Express

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