Bunzl plc (BNZL) Receives “Hold” Rating from Shore Capital

Shore Capital reissued their hold rating on shares of Bunzl plc (LON:BNZL) in a research note issued to investors on Tuesday.

A number of other equities research analysts also recently weighed in on BNZL. BNP Paribas reissued a neutral rating and set a GBX 2,350 ($28.58) target price on shares of Bunzl plc in a research report on Monday, September 12th. J P Morgan Chase & Co reissued a neutral rating and set a GBX 2,384 ($28.99) target price on shares of Bunzl plc in a research report on Tuesday, September 13th. Royal Bank Of Canada lifted their target price on Bunzl plc from GBX 1,950 ($23.71) to GBX 2,000 ($24.32) and gave the stock an underperform rating in a research report on Thursday, October 13th. Canaccord Genuity lifted their target price on Bunzl plc from GBX 2,200 ($26.75) to GBX 2,250 ($27.36) and gave the stock a hold rating in a research report on Wednesday, October 26th. Finally, Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a GBX 2,400 ($29.19) target price on shares of Bunzl plc in a research report on Thursday, October 27th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. Bunzl plc has an average rating of Hold and an average price target of GBX 2,279.43 ($27.72).

Analyst Recommendations for Bunzl plc (LON:BNZL)

Bunzl plc (LON:BNZL) traded up 0.38% during mid-day trading on Tuesday, reaching GBX 2116.00. The company had a trading volume of 567,619 shares. The company’s 50 day moving average is GBX 2,056.76 and its 200 day moving average is GBX 2,228.59. Bunzl plc has a 52-week low of GBX 1,722.00 and a 52-week high of GBX 2,587.89. The stock’s market capitalization is GBX 6.98 billion.

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About Bunzl plc

Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.

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