Bunzl plc 9.1% Potential Upside Indicated by Deutsche Bank

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 ‘BUY’ this morning by analysts at Deutsche Bank. Bunzl plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 2540 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.1% from today’s opening price of 2328 GBX. Over the last 30 and 90 trading days the company share price has decreased 193 points and decreased 36 points respectively. The 52 week high for the stock is 2554.6 GBX while the 52 week low is 2078 GBX.

Bunzl plc has a 50 day moving average of 2,478.10 GBX and a 200 Day Moving Average share price is recorded at 2,395.02. There are currently 336,498,901 shares in issue with the average daily volume traded being 1,158,526. Market capitalisation for LON:BNZL is £7,784,885,644 GBP.

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