Unilever (UL) has recently announced a leadership change, with Hein Schumacher stepping down and Fernando Fernandez taking over as CEO. This transition is expected to maintain continuity in strategy, with a focus on operational efficiency and brand strength. Additionally, the planned spin-off of the Ice Cream division could unlock value for shareholders, though it may introduce short-term volatility.
Based on the analysis, UL is expected to reach $60.10 in the next trading week. However, given its proximity to resistance levels, it may face selling pressure. Consider selling near the resistance or waiting for a pullback to enter.
The price of UL is predicted to go up -28.42%, based on the high correlation periods with HCM. The similarity of these two price pattern on the periods is 93.71%.
UL
HCM
Year
UL Price Forecast($)
Potential Return(%)
2025
60.000
6.180
2026
62.000
9.540
2027
75.000
32.510
2028
75.000
32.510
2029
75.000
32.510
2030
75.000
32.510
Unilever has always been focused on the need to reduce costs to meet the challenges of an increasingly competitive environment.
With about 60% of reported sales derived from emerging markets, Unilever has one of the largest footprints in the developing world of all the global consumer staples manufacturers, which should be a long-term volume driver for the business.
Unilever possesses one of the highest numbers of category captaincies among global consumer staples companies, cementing its place in customer supply chains.
Erste Group
2024-11-19
Price Target
n/a
Downside
0%