HUL Share Price Target: Hindustan Unilever’s Q1 profit declined by 3.17%, but most brokerages are still bullish on the stock. A big target has been given on this stock.
HUL Share: FMCG company Hindustan Unilever remains a big topic of discussion among investors today, July 29. The reason is the company’s June quarter (Q1 FY27) results. On one hand, the company’s profit declined by about 3%, on the other hand, many big brokerages are still expressing confidence in this stock. Some experts believe that the stock may see a possible rise of 20% to 41% from the current level. In such a situation, the question is why is the market so positive about HUL even after the profit decline? Let us know the answer and target price…
What was special in Hindustan Unilever Q1 result?
Hindustan Unilever’s consolidated net profit declined 3.17% to ₹2,680 crore. In the same quarter last year, the company had earned a profit of ₹2,768 crore. However, on the other hand, the company’s product sales increased by 10.26% to ₹ 17,149 crore. This is considered to be the fastest growth in the last 13 quarters. Total income also increased and EBITDA also registered an increase of about 8% on an annual basis. That is, the profits remained a bit weak, but the growth of the business has not stopped completely.
HUL’s profit decreased, then why did the stock rise?
After the results came, initially there was pressure on the stock, but later it regained its momentum. The biggest reason for this was the trust of brokerage companies. Experts say that the demand of the company still remains strong. Sales of FMCG products are stable in cities as well as villages. Apart from this, the company is continuously focusing on premium products and new channels, due to which the earnings can improve in the coming time.
How was the performance of Hindustan Unilever share?
After the results, HUL shares had reached a 52-week low of ₹2,016. However, later there was a recovery and the stock rose by more than 3%. The stock has fallen about 6% in the last one month and about 13% so far in the year 2026. In such a situation, many investors are considering this as a value buying opportunity.
Hindustan Unilever Share: What are 5 big brokerages saying?
Jefferies most bullish
Brokerage firm Jefferies has maintained ‘Buy’ rating on HUL. Its target price has been kept at ₹ 2,850, which is about 41% more than the current price. The brokerage says that the quarterly results may have been a little weaker than expected, but the company’s long-term growth story remains strong.
Citi also has positive opinion
Brokerage firm Citi has also maintained ‘Buy’ rating on the stock. Its target price has been given at ₹ 2,650, which is about 31% upside from the current price. Citi believes that the company’s growth may continue in FY27 and there is no major weakness in demand at present.
What did JP Morgan say?
JP Morgan has maintained ‘Overweight’ rating on the stock. Its target price has been given at ₹ 2,425, which is about 20% more than the current price. The brokerage believes that HUL still remains a strong company for long-term investors.
Goldman Sachs remains confident
Goldman Sachs also maintained ‘Buy’ rating. Its target price has been kept at ₹ 2,450, which is about 21% more than the current price. However, the brokerage has reduced its target slightly compared to earlier.
HSBC upgraded
HSBC upgrades HUL to ‘Buy’ from ‘Hold’. The target price has been kept at ₹ 2,450, which is about 21% more than the current price. The brokerage believes that the company’s growth now seems to be better than before.
CLSA’s opinion is different from the rest
Brokerage firm CLSA has kept its view on HUL a bit cautious. Giving its rating as Hold, the target price has been given at ₹ 1,804. That is, according to CLSA, there is a possibility of some decline in the stock from the current level.
Disclaimer: The information given in this article is for informational purposes only and should not be taken as investment advice. Investing in the stock market is subject to risks. Before investing money in any stock, definitely consult your financial advisor or market expert.