HUL Shares Surge after Brokerages Upgrade the Stock

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Shares of the Hindustan Unilever surged on Wednesday after brokerages firms upgraded the stock and raised the targets on the stock.

Credit Suisse upgraded the company from "neutral'' to "outperform'' and raised its target to Rs 915 from Rs 800.

HUL Shares Surge after Brokerages Upgrade the Stock
Hindustan Unilever: Quotes, News
BSE 1565.25BSE Quote10.4 (-0.66%)
NSE 1568.10NSE Quote6.2 (-0.40%)

JP Morgan has raises the stock from "underweight'' to "neutral''and the target from Rs 700 to Rs 790.

Motilal Oswal has upgraded the stock to "neutral'' from "sell''.

Deutsche Bank upgraded from "hold''to "buy''and raised the target to Rs.900 from Rs 700.

Shares of the company was seen trading at Rs 805 higher by 3.85 per cent on BSE at 2.00 pm IST. It touched an intra-day high of Rs 805 during the trade.

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Read more about: hul hindustan unilever
Story first published: Wednesday, January 7, 2015, 14:07 [IST]
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