Buy Hindustan Unilever, target price Rs 2,870: JM Financial

JM Financial recommends buying Hindustan Unilever with a target price of Rs 2870. The current price is Rs 2479. Hindustan Unilever is a large FMCG company. The company reported income growth and profit for the recent quarter. The focus is on portfolio transformation through premiumisation and market development to drive future growth.