Bunzl plc 14.5% Potential Decrease Indicated by Credit Suisse

Broker Ratings

Bunzl plc using EPIC/TICKER code (LON:BNZL) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Bunzl plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set their target price at 1195 GBX on its stock. This indicates the analyst believes there is a potential downside of -14.5% from the opening price of 1397.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 522.5 points and decreased 660.5 points respectively. The 52 week high for the share price is currently at 2554.6 GBX while the year low share price is currently 1242 GBX.

Bunzl plc has a 50 day moving average of 1,953.03 GBX and the 200 Day Moving Average price is recorded at 2,060.12. There are currently 336,797,608 shares in issue with the average daily volume traded being 1,623,024. Market capitalisation for LON:BNZL is £4,834,729,662 GBP.

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