Unilever PLC stock hits a fresh 52-week low as Jefferies stays wary ahead of February results
Unilever shares fell 0.7% to 4,599.6p in early London trading, hitting a 52-week low. Jefferies maintained an “underperform” rating, citing valuation and margin risks, and raised its target price to 4,100p. Unilever Indonesia agreed to sell its SariWangi tea unit for $89 million. Investors await Unilever’s Feb. 12 results for growth and margin updates.
