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Bunzl plc 15% Potential Decrease Indicated by Berenberg

Broker Ratings
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Bunzl plc using EPIC/TICKER code (LON:BNZL) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Bunzl plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 1700 GBX on its stock. This would imply the analyst believes there is a potential downside of -15.0% from today’s opening price of 2000 GBX. Over the last 30 and 90 trading days the company share price has decreased 5 points and decreased 100 points respectively. The 52 week high share price is 2554.6 GBX while the year low share price is currently 1891.5 GBX.

Bunzl plc has a 50 day moving average of 2,046.93 GBX and a 200 Day Moving Average share price is recorded at 2,088.96. There are currently 336,794,042 shares in issue with the average daily volume traded being 987,677. Market capitalisation for LON:BNZL is £6,739,248,780 GBP.

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