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Bunzl plc 12% Potential Upside Indicated by HSBC

Broker Ratings
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Bunzl plc with EPIC/TICKER (LON:BNZL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Bunzl plc are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 1780 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.0% from today’s opening price of 1589.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 250.5 points and decreased 450.5 points respectively. The 52 week high for the stock is 2551 GBX while the 52 week low is 1242 GBX.

Bunzl plc has a 50 day moving average of 1,822.34 GBX and a 200 Day Moving Average share price is recorded at 2,022.58. There are currently 336,798,124 shares in issue with the average daily volume traded being 2,158,144. Market capitalisation for LON:BNZL is £5,516,753,271 GBP.

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