Bunzl plc (BNZL) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Bunzl plc (LON:BNZL) have received an average recommendation of “Hold” from the twelve ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 2,322.80 ($30.15).
A number of research firms have recently issued reports on BNZL. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 2,505 ($32.52) target price on shares of Bunzl plc in a report on Monday, July 24th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 2,575 ($33.43) target price on shares of Bunzl plc in a report on Friday, July 21st. Barclays PLC reissued an “overweight” rating and issued a GBX 2,600 ($33.75) target price on shares of Bunzl plc in a report on Thursday, June 29th. HSBC Holdings plc lowered Bunzl plc to a “hold” rating and set a GBX 2,508 ($32.56) target price on the stock. in a report on Thursday, June 1st. Finally, Jefferies Group LLC lowered Bunzl plc to an “underperform” rating and dropped their target price for the company from GBX 2,230 ($28.95) to GBX 1,950 ($25.31) in a report on Monday, May 22nd.
Shares of Bunzl plc (LON:BNZL) opened at 2314.00 on Friday. The company has a 50-day moving average price of GBX 2,280.08 and a 200-day moving average price of GBX 2,314.11. The stock’s market cap is GBX 7.62 billion. Bunzl plc has a 12 month low of GBX 1,963.00 and a 12 month high of GBX 2,587.89.
ILLEGAL ACTIVITY NOTICE: “Bunzl plc (BNZL) Given Consensus Recommendation of “Hold” by Brokerages” was first reported by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/18/bunzl-plc-bnzl-given-consensus-recommendation-of-hold-by-brokerages.html.
Bunzl plc Company Profile
Receive News & Ratings for Bunzl plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunzl plc and related companies with MarketBeat.com's FREE daily email newsletter.