Bunzl plc 31.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Bunzl plc using EPIC/TICKER code (LON:BNZL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Bunzl plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 1900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 31.3% from the opening price of 1447 GBX. Over the last 30 and 90 trading days the company share price has decreased 554 points and decreased 716 points respectively. The 1 year high stock price is 2554.6 GBX while the year low stock price is currently 1242 GBX.

Bunzl plc has a 50 day moving average of 1,915.00 GBX and a 200 day moving average of 2,049.02. There are currently 3,714,944,998 shares in issue with the average daily volume traded being 1,869,008. Market capitalisation for LON:BNZL is £4,646,123,002 GBP.

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