Bunzl plc 6.3% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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Bunzl plc using EPIC/TICKER code (LON:BNZL) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. Bunzl plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set their target price at 2100 GBX on its stock. This would imply the analyst believes there is a potential downside of -6.3% from the opening price of 2242 GBX. Over the last 30 and 90 trading days the company share price has decreased 284 points and decreased 164 points respectively. The 1 year high for the share price is 2554.6 GBX while the year low stock price is currently 2152 GBX.

Bunzl plc has a 50 day moving average of 2,466.83 GBX and a 200 Day Moving Average share price is recorded at 2,395.78. There are currently 336,515,387 shares in issue with the average daily volume traded being 1,177,881. Market capitalisation for LON:BNZL is £7,585,056,822 GBP.

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