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Bunzl plc 8.3% Potential Upside Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Bunzl plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 2490 GBX on its stock. This is indicating the analyst believes there is a potential upside of 8.3% from today’s opening price of 2300 GBX. Over the last 30 and 90 trading days the company share price has decreased 182 points and decreased 125 points respectively. The 1 year high stock price is 2554.6 GBX while the year low share price is currently 2050 GBX.

Bunzl plc has a 50 day moving average of 2,490.82 GBX and a 200 day moving average of 2,393.16. There are currently 336,498,901 shares in issue with the average daily volume traded being 1,138,408. Market capitalisation for LON:BNZL is £7,793,314,547 GBP.

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