JPMorgan stays Overweight on HUL, sees 20% upside to Rs 2,550
JPMorgan reiterates Overweight on Hindustan Unilever with a Rs 2,550 target, citing stable urban-rural demand, premiumisation, quick-commerce-led omnichannel push, and growth in liquids, Beauty & Wellbeing, and Foods. Stock rose 3.3% intraday to Rs 2,204; m-cap at Rs 5.12 lakh crore.
What happened
Hindustan Unilever · JPMorgan reiterates Overweight on HUL with Rs 2,550 target (20% upside), citing stable urban-rural demand, premiumisation, omnichannel
Key facts
- Rs 2,550 target
- 20% upside
- 3.3% intraday gain
- Rs 2,204 high
- Rs 2,133 prev close
- Rs 5.12 lakh crore m-cap
Why this matters
Premiumisation and Beauty & Wellbeing tailwinds make targeted bolt-ons in prestige beauty, functional foods, and D2C liquids brands strategically attractive to accelerate the mix shift JPMorgan is underwriting.