Bunzl plc 9.5% Potential Upside Indicated by Barclays Capital

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 ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Bunzl plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 2350 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.5% from today’s opening price of 2147 GBX. Over the last 30 and 90 trading days the company share price has increased 324.5 points and increased 866 points respectively. The 1 year high for the share price is 2199 GBX while the year low share price is currently 1242 GBX.

Bunzl plc has a 50 day moving average of 1,828.25 GBX and the 200 Day Moving Average price is recorded at 1,950.39. There are currently 336,825,338 shares in issue with the average daily volume traded being 925,382. Market capitalisation for LON:BNZL is £7,113,751,138 GBP.

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