Bunzl plc 6.9% potential upside indicated by Peel Hunt LLP

Bunzl plc with ticker (LON:BNZL) now has a potential upside of 6.9% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 2,800 GBX for the company, which when compared to the Bunzl plc share price of 2,607 GBX at opening today (27/10/2021) indicates a potential upside of 6.9%. Trading has ranged between 2,122 (52 week low) and 2,708 (52 week high) with an average of 749,950 shares exchanging hands daily. The market capitalisation at the time of writing is £8,865,699,912.

Bunzl plc is an international distribution and services company. The Company’s segments include North America, Continental Europe, UK & Ireland, Rest of the World, and Corporate. 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 and healthcare. The Company also supplies goods not for resale to grocery stores, supermarkets, retail chains, convenience stores, food wholesalers, ethnic grocers and organic food outlets, amongst others. The Company supplies a range of disposable healthcare consumables to the healthcare sector including hospitals, retirement and nursing homes and doctors’ surgeries and clinics. It is also engaged in the distribution of gloves, eye protection and workwear.