Bunzl plc Given Consensus Rating of “Hold” by Brokerages (LON:BNZL)
Bunzl plc (LON:BNZL) has earned an average recommendation of “Hold” from the eighteen analysts that are presently covering the stock, AnalystRatingsNetwork reports. Three investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,480.69 ($24.91).
Shares of Bunzl plc (LON:BNZL) opened at 1573.00 on Wednesday. Bunzl plc has a 52 week low of GBX 1287.00 and a 52 week high of GBX 1710.29. The stock’s 50-day moving average is GBX 1619. and its 200-day moving average is GBX 1589.. The company’s market cap is £5.138 billion.
A number of analysts have recently weighed in on BNZL shares. Analysts at RBC Capital reiterated an “underperform” rating on shares of Bunzl plc in a research note on Tuesday, July 29th. They now have a GBX 1,420 ($23.89) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Bunzl plc in a research note on Monday, June 30th. They now have a GBX 1,530 ($25.74) price target on the stock.
Bunzl plc is engaged in providing value added distribution and outsourcing services in the Americas, Europe and Australasia.
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