Jefferies raises target for Unilever stock to GBp 4,000

Published on 10/13/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales rose 0.50 percent to EUR 25.6 billion. Unilever stock costs EUR 56.67 on October 13, 2026 versus the Xetra close of EUR 56.04.

Key points in brief

Jefferies raised its Unilever target from GBp 3,900.00 to GBp 4,000.00 on October 12, 2026 while retaining Underperform.
Unilever reported EUR 25.6 billion in sales and 4.80 percent underlying sales growth in the first half of 2026.
The stock was at EUR 56.67 at Lang & Schwarz on October 13, 2026, 1.12 percent above the Xetra close of EUR 56.04 on October 12, 2026.
Unilever's next scheduled reporting date is October 28, 2026, followed by its investor event on November 4, 2026.

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Unilever (ISIN GB00BVZK7T90) was trading at EUR 56.67 at Lang & Schwarz on October 13, 2026 at 10:50 a.m. CEST, up 1.12 percent versus the Xetra close of EUR 56.04 on October 12, 2026. According to TipRanks on October 12, 2026, Jefferies raised its Unilever target from GBp 3,900.00 to GBp 4,000.00 and retained an Underperform rating.

Jefferies raises target cautiously

Jefferies updated its model ahead of Unilever's third-quarter report. The note cited rising input costs, pressure on Southeast Asian consumers and complexity around the company's Foods exit plans.

The target increase is measured rather than a broad change in stance: the new GBp 4,000.00 target is GBp 100.00 above the previous GBp 3,900.00 level, while the rating remains Underperform.

Three dated operating signals

On July 28, 2026, Unilever published first-half 2026 results showing EUR 25.6 billion in sales and 4.80 percent underlying sales growth. On September 9, 2026, its Barclays Global Consumer Staples Conference session began at 9:00 a.m. ET, according to the company investor page. On October 12, 2026, Jefferies set the GBp 4,000.00 target, the latest dated event.

The first-half figures show why volume matters for the next update. Underlying sales growth reached 4.80 percent, including 4.20 percent volume growth, while net income declined 3.50 percent to EUR 3.3 billion, according to Gotrade in its October 6, 2026 review of the first-half report.

What does the next report test?

Unilever's 2026 underlying sales growth guidance is 4.00 percent to 6.00 percent, with volume growth expected at 3.00 percent, according to Gotrade. The third-quarter statement will show whether volume can support that range while net debt remains at EUR 26.0 billion, up from EUR 23.1 billion at the end of 2025.

Two dates ahead for Unilever

Unilever lists October 28, 2026 for its third-quarter 2026 trading statement and November 4, 2026 for its investor event. Those dates give investors two separate checkpoints for sales momentum and the company's longer-term execution priorities.

Stock stays below its yearly high

The EUR 56.67 Lang & Schwarz price is EUR 6.72 below the EUR 63.39 52-week high and EUR 9.69 above the EUR 46.98 52-week low, both as of October 13, 2026. The stock's market capitalization was EUR 122.1 billion on that date, putting the target move and the operating update in a large-cap consumer-staples context.

The further course of trading is shown by the continuously updated real-time quote of Unilever stock.