Bunzl plc 10.6% potential upside indicated by Berenberg Bank

Bunzl plc with ticker (LON:BNZL) now has a potential upside of 10.6% according to Berenberg Bank.



Berenberg Bank set a target price of 2,950 GBX for the company, which when compared to the Bunzl plc share price of 2,637 GBX at opening today (29/06/2022) indicates a potential upside of 10.6%. Trading has ranged between 2,363 (52 week low) and 3,167 (52 week high) with an average of 1,209,925 shares exchanging hands daily. The market capitalisation at the time of writing is £8,941,564,401.

Bunzl Public Limited Company is a United Kingdom-based specialist international distribution and services company. The Company’s segments include North America, Continental Europe and United Kingdom and Ireland. The Company supplies a range of consumable products such as food packaging, disposable tableware and catering equipment, cleaning and hygiene supplies, guest amenities, personal protection equipment, packaging and healthcare consumables to various customer markets including grocery, foodservice, cleaning and hygiene, safety, non-food retail, healthcare sectors, and others. The Company also provides goods-not-for-resale, including food packaging, films, labels, cleaning and hygiene supplies and personal protection equipment to grocery stores, supermarkets and convenience stores.