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Bunzl plc 7.8% Potential Upside Indicated by Deutsche Bank

Bunzl plc with EPIC/TICKER (LON:BNZL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Bunzl plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 2290 GBX on its stock. This would imply the analyst believes there is now a potential upside of 7.8% from today’s opening price of 2125 GBX. Over the last 30 and 90 trading days the company share price has increased 64 points and increased 51 points respectively. The 52 week high share price is 2554.6 GBX while the year low share price is currently 1891.5 GBX.

Bunzl plc has a 50 day moving average of 2,054.77 GBX and a 200 Day Moving Average share price is recorded at 2,183.67. There are currently 336,791,173 shares in issue with the average daily volume traded being 833,305. Market capitalisation for LON:BNZL is £7,062,510,897 GBP.