Unilever share seems to start a new upward movement after it recent decline.

From a fundamental viewpoint, Thomson Reuters estimates show an important growth potential for the company. Unilever has a strong profitability with a significant Net margin of 9.79% in 2015. Moreover, analysts have revised upward their EPS estimates recently.

Technically, sellers flows are reduced. If the trend is now neutral in the short term, it stays bullish on the medium and long term. The recent decline of prices led the stock on the GBp 2713 support, that seems to allow a technical rebound.

Investors should open a long position on the security and target GBp 2952. A stop loss will be placed under GBp 2713.