Bunzl plc (BNZL) Rating Reiterated by Shore Capital
Shore Capital reaffirmed their hold rating on shares of Bunzl plc (LON:BNZL) in a report published on Tuesday morning, MarketBeat.com reports.
BNZL has been the topic of several other reports. Jefferies Group LLC lowered Bunzl plc to an underperform rating and reduced their price target for the stock from GBX 2,230 ($28.84) to GBX 1,950 ($25.22) in a research report on Monday, May 22nd. Deutsche Bank AG boosted their price target on Bunzl plc from GBX 2,575 ($33.30) to GBX 2,590 ($33.50) and gave the stock a buy rating in a research report on Wednesday, August 23rd. Barclays PLC reissued an overweight rating and set a GBX 2,600 ($33.63) price target on shares of Bunzl plc in a research report on Thursday, June 29th. J P Morgan Chase & Co reissued a neutral rating and set a GBX 2,505 ($32.40) price target on shares of Bunzl plc in a research report on Monday, July 24th. Finally, HSBC Holdings plc lowered Bunzl plc to a hold rating and set a GBX 2,508 ($32.44) price target on the stock. in a research report on Thursday, June 1st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 2,324.30 ($30.06).
Shares of Bunzl plc (LON:BNZL) opened at 2305.00 on Tuesday. The firm’s market cap is GBX 7.59 billion. Bunzl plc has a 12 month low of GBX 1,963.00 and a 12 month high of GBX 2,535.00. The stock’s 50 day moving average is GBX 2,293.41 and its 200 day moving average is GBX 2,327.63.
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About Bunzl plc
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