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Bunzl plc 8.1% Potential Upside Indicated by JP Morgan Cazenove

Bunzl plc using EPIC/TICKER code LON:BNZL had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Bunzl plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 2505 GBX on its stock. This is indicating the analyst believes there is a potential upside of 8.1% from the opening price of 2318 GBX. Over the last 30 and 90 trading days the company share price has decreased 47 points and increased 191 points respectively.

 
Bunzl plc LON:BNZL has a 50 day moving average of 2,294.86 GBX and a 200 day moving average of 2,249.04 GBX. The 1 year high share price is 2587.89 GBX while the year low share price is currently 1949.5 GBX. There are currently 335,630,631 shares in issue with the average daily volume traded being 626,347. Market capitalisation for LON:BNZL is £7,732,929,738 GBP.

 

Bunzl plc is engaged in the distribution and outsourcing service. It supplies a range of non-food products to a range of market sectors. Its segments include North America, Continental Europe, UK & Ireland, and Rest of the World. It serves six market sectors, including foodservice, grocery, cleaning and hygiene, safety, retail and healthcare.

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