Bunzl plc Receives “Hold” Rating from Panmure Gordon (BNZL)
Bunzl plc (LON:BNZL)‘s stock had its “hold” rating restated by stock analysts at Panmure Gordon in a report issued on Tuesday. They currently have a GBX 1,610 ($26.91) target price on the stock. Panmure Gordon’s price target indicates a potential downside of 2.07% from the company’s current price.
Shares of Bunzl plc (LON:BNZL) opened at 1662.75 on Tuesday. Bunzl plc has a 1-year low of GBX 1287.00 and a 1-year high of GBX 1710.292. The stock has a 50-day moving average of GBX 1618.81 and a 200-day moving average of GBX 1600.. The company’s market cap is £5.431 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Bunzl plc in a research note on Tuesday, August 12th. They now have a GBX 1,365 ($22.82) price target on the stock. Separately, 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 ($23.74) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Bunzl plc in a research note on Tuesday, July 8th. They now have a GBX 1,420 ($23.74) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,500.43 ($25.08).
Bunzl plc is engaged in providing value added distribution and outsourcing services in the Americas, Europe and Australasia.
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