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Bunzl plc 20.9% 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’ this morning 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 2410 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.9% from today’s opening price of 1993 GBX. Over the last 30 and 90 trading days the company share price has decreased 79 points and decreased 193 points respectively. The 52 week high for the share price is currently at 2554.6 GBX while the year low stock price is currently 1907.66 GBX.

Bunzl plc has a 50 day moving average of 2,074.03 GBX and a 200 day moving average of 2,253.50. There are currently 336,760,441 shares in issue with the average daily volume traded being 1,021,987. Market capitalisation for LON:BNZL is £6,443,911,038 GBP.