Unilever Nv : Unilever NV EGM: 99.42% in favour of unification
>Unification: an important step towards ending hybrid stock status - Buy rating maintained (ODDO BHF Convictions list) with a target price of € 58. Legal unification is an important step in the re-rating that we expect. With a P/E 2021e < 20x, Unilever is trading at a hybrid stock valuation whereas the last three years show that groups that are strategically focused (or in the process thereof) and operationally diversified have seen their P/E 12m fwd increase (+4 to 5...Unilever is engaged in the supply of consumer goods in foods, household care and personal products. Co.'s activities are carried out through four categories: Personal Care, sales of skin care and hair care products, deodorants and oral care products; Home Care, sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products; Foods, sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; and Refreshment, sales of ice cream and tea-based beverages. Co.'s products are sold in over 190 countries around the world.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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