Bunzl 16.5% Potential Decrease Indicated by Jefferies International

Broker Ratings
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Bunzl with EPIC/TICKER (LON:BNZL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Jefferies International. Bunzl are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 1620 GBX on its stock. This is indicating the analyst believes there is a potential downside of -16.5% from today’s opening price of 1940.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 131.5 points and decreased 232.5 points respectively. The 1 year high stock price is 2554.6 GBX while the 52 week low for the stock is 1891.5 GBX.

Bunzl has a 50 day moving average of 2,072.17 GBX and the 200 Day Moving Average price is recorded at 2,251.27. There are currently 336,760,441 shares in issue with the average daily volume traded being 1,036,716. Market capitalisation for LON:BNZL is £6,555,041,984 GBP.

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