Unilever consensus stays cautious on margins, shares in focus after strategy reset

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 12:58.

Unilever (GB00B10RZP78) remains under close watch on the London Stock Exchange, with broker consensus tilted toward Hold and modest upside expectations for the shares. Analyst focus centers on the group’s margin trajectory after the 2025 results and the ongoing “Growth Action Plan” restructuring.

What recent results show

In its 2025 full year results released on 2026-02-12, Unilever reported underlying sales growth of 3.5 percent, with 1.5 percent from volume and the balance from price, while turnover declined 3.8 percent to €50.5 billion due to currencies and disposals, according to the official company announcement.Unilever 2025 full-year results announcement

The group’s gross margin increased to 46.9 percent, up 20 basis points year on year, and the underlying operating margin rose 60 basis points to 20.0 percent, which management highlighted as evidence that pricing and productivity measures are flowing through to profitability.Unilever 2025 full-year results announcement

How analysts frame the stock

On major data platforms such as MarketScreener, Unilever is typically covered by more than 20 sell-side houses, with the average rating clustering around Hold and a minority of Buy recommendations from firms including JPMorgan and UBS, reflecting a cautious stance on volume recovery and margin expansion potential.MarketScreener Unilever analyst consensus

According to these consensus compilations, the 12?month average price target sits only moderately above the current London quotation, and projected underlying sales growth is generally in the low single digits, in line with other large European staples names such as Nestlé and Procter & Gamble.MarketScreener Unilever analyst consensus

The products behind the brand

Unilever generates most of its revenue from global consumer brands across personal care, home care and food, with key names including Dove in personal care, Surf in laundry and Hellmann’s in dressings, alongside ice cream labels such as Magnum and Ben & Jerry’s that give the group broad exposure to everyday consumer spending.Unilever brand portfolio overview

Where the stock trades today

The Unilever shares (GB00B10RZP78) last traded in London on the LSE at around 38 pounds on 2026-06-23, based on intraday quote data from major market platforms, corresponding to a market valuation in the high double-digit billion-euro range for the consumer goods group.MarketWatch Unilever UK quote

This text is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities. All data and assessments are based on sources considered reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.