Bunzl plc 9.7% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings
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Bunzl plc with EPIC/TICKER LON:BNZL has had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Bunzl plc are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set a target price of 2200 GBX on its stock. This is indicating the analyst believes there is a potential downside of 9.7% from the opening price of 2437 GBX. Over the last 30 and 90 trading days the company share price has increased 47 points and decreased 12 points respectively.
Bunzl plc LON:BNZL has a 50 day moving average of 2,471.22 GBX and a 200 Day Moving Average share price is recorded at 2,189.65The 1 year high for the share price is 2710 GBX while the 52 week low for the stock is 1242 GBX. There are currently 336,998,414 shares in issue with the average daily volume traded being 1,015,603. Market capitalisation for LON:BNZL is £8,202,541,396 GBP.

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