5 Oversold European Stocks to Buy

2. Unilever PLC (NYSE:UL)

Unilever PLC (NYSE:UL) ranks among the oversold European stocks to buy. On March 13, TD Cowen reiterated its Buy rating for Unilever PLC (NYSE:UL), with a price target of GBP58. According to the firm, when the market acknowledges Unilever’s volume growth, its valuation multiple will approach that of its household and personal care counterparts in the US.

TD Cowen stated that CEO Fernando Fernandez has developed a culture that rewards performance and changed the business from a regional model to a category-led approach, with executives in the company’s top 24 markets taking full financial responsibility.

By disposing of ice cream and acquiring businesses like Liquid I.V. and Nutrafol, Unilever has already expanded the portfolio’s exposure to high-growth markets. While peers struggle to surpass 0%, TD Cowen anticipates Unilever PLC (NYSE:UL) to achieve 2% volume growth in 2026.

Unilever PLC (NYSE:UL) is a British multinational fast-moving consumer goods corporation formed through the combination of British soap manufacturer Lever Brothers and Dutch margarine producer Margarine Unie.