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Asolica > Blog > Marketing > 3 FTSE 100 shares I feel look undervalued heading into Might
Marketing

3 FTSE 100 shares I feel look undervalued heading into Might

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Last updated: April 30, 2026 4:17 am
Admin
7 hours ago
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3 FTSE 100 shares I feel look undervalued heading into Might
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Contents
  • Do you have to purchase Related British Meals Plc shares at this time?
  • Related British Meals
  • Reckitt Benckiser
  • WPP

Picture supply: Getty Pictures

We’re virtually a 3rd of the best way into 2026. Regardless of a local weather of elevated geopolitical and financial threat, the FTSE 100 index of main British shares is now 3% larger than firstly of the yr. It even hit an all-time excessive alongside the best way, though has since fallen again from that.

Regardless of the index’s sturdy efficiency, although, not all of its 100 constituent members are doing so effectively.

Do you have to purchase Related British Meals Plc shares at this time?

Earlier than you determine, please take a second to overview this report first. Regardless of ongoing uncertainties from Trump’s tariffs to world conflicts, Mark Rogers and his staff imagine many UK shares nonetheless commerce at substantial reductions, providing savvy buyers loads of potential alternatives to find out about.

That is why this could possibly be a really perfect time to safe this invaluable analysis – Mark’s analysts have scoured the markets to disclose 5 of his favorite long-term ‘Buys’. Please, do not make any huge selections earlier than seeing them.

Listed below are three blue-chip UK shares I feel doubtlessly look low cost from a long-term perspective — and value contemplating.

Related British Meals

For years, Related British Meals (LSE: ABF) has confronted a few ongoing challenges.

One is the right way to persuade prospects that foodstuffs and substances deserve a worth premium. Utilizing manufacturers like Twinings can assist, however ABF’s portfolio incorporates unbranded in addition to branded merchandise.

A second problem has been getting buyers to worth the Primark low cost clothes chain attractively. Its loyal buyer base and powerful model can typically really feel neglected by buyers.

These challenges persist as April ends.

Inflation pushed by the Center Jap battle threaten the meals enterprise’s revenue margins, although for now the corporate has stated the price penalties for this yr must be “manageable“.

This month additionally noticed plans to demerge Primark as a standalone listed firm. Over time, that might assist unlock worth if buyers understand it in another way out of the ABF construction. In the meantime, ABF’s meals enterprise is unexciting however well-run and worthwhile.

Taken collectively, the corporate’s price-to-earnings (P/E) ratio of 14 and three.6% yield look enticing to me following a 14% share worth fall to date this yr.

Reckitt Benckiser

A FTSE 100 firm that has had a fair worse begin to 2026 is Vanish-owner Reckitt Benckiser (LSE: RKT).

Its share worth has plummeted by 1 / 4 to date this yr. The P/E ratio of 10 is even cheaper than ABF. Reckitt’s 4.6% yield is effectively above the three.0% common of the FTSE 100 general.

Reckitt clearly has challenges which have damage its share worth. Take your decide: ongoing authorized dangers in its toddler method enterprise, ingredient price inflation, weakening client sentiment in key markets, like-for-like gross sales declines in each North America and Europe within the first quarter – and extra.

However I feel Reckitt additionally has the instruments to cope with such challenges over time. Its premium manufacturers give it pricing energy and it operates in product classes that can endure, like detergents and cleansing brokers.

It could take years, however I anticipate Reckitt will in the end be price significantly greater than at this time.

WPP

Nonetheless, I may have the stability of dangers and potential rewards fallacious with Reckitt. No person is aware of the longer term. A good trickier share in that respect is advert group WPP (LSE: WPP).

The WPP share worth has crashed by 21% to date this yr. That’s on prime of a dreadful efficiency final yr, which means it has greater than halved in 12 months.

The clear perpetrator? AI.

Buyers are fretting that AI may eat advert companies’ enterprise.

Up to now, WPP has not convincingly reassured them. Like-for-like income fell 4% yr on yr within the first quarter.

Nonetheless, with its 5.6% dividend yield, deep experience, excellent consumer roster, and its personal plans to make use of AI to assist the enterprise, WPP seems to be doubtlessly low cost to me, though dangerous.

I plan to hold onto my shares.

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