Forecast Of The Day: Unilever’s Personal Care Revenues
What?
Unilever’s (NYSE:UL) Personal Care Revenues rose from $24.5 billion in 2019 to $26 billion in 2020. Trefis expects the metric to rise further to about $27 billion in 2021 and to around $27.6 billion in 2022.
Why?
We expect growth to be driven by higher demand and price increases for the company’s products, which include household names such as Signal, Lifebuoy, and Vaseline.
So What?
We think Unilever’s stock is undervalued. We value UL at about $65 per share, about 15% ahead of the market price.
See Our Complete Analysis For Unilever
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