Motilal Oswal Financial Services has Buy on Hindustan Unilever with a target price of Rs 1515. The current market price of Hindustan Unilever Ltd. is Rs 1315. Time period given by analyst is year when Hindustan Unilever price can reach defined target. Although rural performance has improved substantially, rural demand growth is yet to reach the buoyant historical levels, when it was 1.5-2x of urban demand growth. Motilal Oswal maintains Buy rating with a revised target price of Rs 1,515.
Source: Economic Times March 19, 2018 04:07 UTC