Goldman Sachs issues purchasing advice on Unilever. Earlier, the analysts at the American investment bank had a neutral opinion. Experts expect an acceleration in revenue growth.
The fact that Unilever has been less popular with investors lately is due to the small increase in turnover up to now compared to industry peers, the analysts explain. But this must change in the coming year, according to market experts. They expect an improvement in India, Brazil and Indonesia, the growth engines of Unilever that together account for 20 percent of the turnover. In India, demand is expected to rise from analysts outside the cities. The Brazilian economy is improving and in Indonesia, Unilever is getting the wind from selling several new products.
Goldman Sachs now uses a price target of 62 euros. Shortly after opening, the share was 0.2 percent higher at 56.53 euros.
