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Bunzl plc 17.8% Potential Upside Indicated by Credit Suisse

Bunzl plc with EPIC/TICKER (LON:BNZL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Bunzl plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set a target price of 2600 GBX on its stock. This would imply the analyst believes there is now a potential upside of 17.8% from the opening price of 2207 GBX. Over the last 30 and 90 trading days the company share price has decreased 173 points and decreased 55 points respectively. The 1 year high share price is 2442 GBX while the year low stock price is currently 1918.5 GBX.

Bunzl plc has a 50 day moving average of 2,363.92 GBX and a 200 Day Moving Average share price is recorded at 2,220.99. There are currently 336,366,902 shares in issue with the average daily volume traded being 1,263,441. Market capitalisation for LON:BNZL is £7,410,187,667 GBP.