date:Sep 11, 2013
nt improvement in sales growth.
Deutsche said the current valuation, about 16.5 times estimated 2014 earnings, was a good entry point.
By contrast, Procter Gamble trades at close to 18 times 2014 earnings, according to Reuters data, while Nestle trades at 17 times.
Unilever's total shareholder return has been 10.4 percent over the last decade, according to Deutsche Bank, lagging the 13.1 percent average return of the global home and personal care industry.
Compared with food brands, home an