Unilever PLC Sponsored American Depositary Receipt (UL)
Unilever Looks Fairly Valued at $58.53 and We'd Wait for a Better Entry
Unilever (NYSE:UL | UL Price Prediction) is trading at $58.53 as of writing, down 15.86% over the past year.
Unilever upgraded as broker reckons price has already absorbed the food pain
RBC Capital Markets has lifted up its view on Unilever PLC (LSE:ULVR) to Sector Perform, from Underperform, claiming the market has already absorbed much of the pain from management's controversial food disposal plan. The bank's analysts call the proposal "fairly reflected" in the current share, even as the broker kept to a 4,200p price target (vs 4,219p today).
McCormick: A Merger With Unilever's Food Business Will Drive Growth
McCormick & Company is merging with Unilever's food business, creating a global leader in spices, condiments, and flavors. MKC is significantly undervalued, trading at ~17.5x 2026E EPS versus a 5-year average of 27–28x, with a fair value estimate of $68.20. The merger brings higher leverage (4.0x), integration risks, and dilution, but is expected to deliver 3–5% sales growth and 23–25% operating margins by year three.
Unilever PLC (UL) Discusses Strategic Separation of Foods Business and Transition to HPC Pure Play Transcript
Unilever PLC (UL) Discusses Strategic Separation of Foods Business and Transition to HPC Pure Play Transcript
Unilever-McCormick deal 'not compelling value' but 'makes sense', say investment banks
Unilever PLC (LSE:ULVR) shares continued to fall on Wednesday as analysts appeared to be split on the longer-term value of its deal to spin off its foods arm into merger with McCormick & Co Inc (NYSE:MKC). Both stocks dropped 7% on Tuesday as investors questioned value creation and the complex structure, with the FTSE 100 group falling another 2.25% to 4,104p the day after.
Unilever PLC (UL) Shareholder/Analyst Call Transcript
Unilever PLC (UL) Shareholder/Analyst Call Transcript
Unilever and McCormick Reach Deal Creating a $65 Billion Food Giant—Here's What Investors Need to Know
The grocery aisle is getting a new spice, soup, and sauce conglomerate.
Unilever confirms $44.8B acquisition of McCormick
Unilever PLC (LSE:ULVR) said on Tuesday it has agreed to combine its food business with McCormick & Company Inc (NYSE:MKC) in a $44.8 billion transaction, creating a global portfolio of iconic and high-growth food brands. The combined business will include well-known labels such as McCormick, Knorr, and Hellmann's, as well as faster-growing brands including Cholula, Maille, and Frank's, generating an estimated $20 billion in revenues, Unilever said in a statement.
5 Things to Know Before the Stock Market Opens
Stocks are moving higher to close out the month, but the first quarter is still poised to be the worst for major indexes since 2022; crude oil prices rose again amid reports that President Trump is willing to end the Iran war without the Strait of Hormuz being reopened; gas prices have topped $4 a gallon on average for the first time in four years; Unilever and McCormick announced a merger of Unilever's food brands with McCormick; and Netflix is reportedly interested in adding more NFL games to its live sports calendar as it enters the last year of its Christmas broadcasting deal. Here's what you need to know today.
McCormick buys Unilever's food business in deal that values it at nearly $45 billion
Spice giant McCormick is buying Unilever's food business, including Hellmann's mayo. McCormick will pay a combination of cash and equity to expand further into condiments and spreads.
Unilever and McCormick agree to food business deal
Unilever has agreed to separate its food unit, home to Knorr and Hellmann's, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm's food business at about $44.8 billion, the companies said on Tuesday.
McCormick looks to merge with Unilever's food business, but there's no mention in earnings report
Shares of McCormick & Co. rallied in early Tuesday trading, after the spice maker reported first-quarter earnings that beat analyst expectations, but didn't comment on what investors were actually waiting to hear about.
