For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Deutsche Bank ups HUL from 'neutral' to 'buy'

    By Religare
    |

    Deutsche Bank has upgraded the country's consumer goods giant, Hindustan Unilever Ltd. from 'neutral' to 'buy' citing the prospect of increase in prices of personal products after recent muted price hikes.

    While already factoring in the negative impact from the company's recent royalty payment increases, Deutsche Bank has also raised the company's target price from Rs 500 to Rs 530.

    This move from Deutsche Bank comes after UBS upgraded Hindustan Unilever from 'neutral' to 'buy' last week, citing expectations of a "strong" business outlook and the prospect of rising volumes for its products.

    Read more about: hindustan unilever
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more