Breaking: Barclays Capital Reaffirms GBX 1850.00 Target On Bunzl PLC (LON:BNZL) Shares, Reaffirms Their Original “Equal weight” Rating

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Bunzl PLC (LON:BNZL) Rating Reaffirmed

Equity research analysts at Barclays Capital now has a GBX 1850.00 TP on Bunzl PLC (LON:BNZL). Barclays Capital and their recent TP gives a potential downside of -1.33% from the company’s stock price. The rating has been disclosed to clients in an analyst note on Thursday morning.

From a total of 13 analysts covering Bunzl PLC (LON:BNZL) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 10 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 2200 while the lowest target price is GBX 1440. The mean of all analyst targets is GBX 1862.46 with a 0.26% above today’s (GBX 1862) stock price. Bunzl PLC was the topic of 21 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 17 with “Buy” rating. Investec maintained shares with “Hold” rating and GBX 1850 target share price in a report from an October 21. J.P. Morgan maintained BNZL stock in a recent report from November 6 with “Neutral” rating. Credit Suisse maintained the rating on August 28. Credit Suisse has a “Neutral” rating and a GBX 1660 price target on shares. Finally, Shore Capital maintained the stock with “Hold” rating in a report issued on an October 21.

Approximately 83,818 shares of stock traded hands. Bunzl plc (LON:BNZL) has declined 2.74% since May 20, 2015 and is downtrending. It has underperformed by 0.47% the S&P500.

Breaking: Barclays Capital Reaffirms GBX 1850.00 Target On Bunzl PLC (LON:BNZL) Shares, Reaffirms Their Original

Bunzl plc is engaged in the provision of outsourcing solutions and value-added distribution across the Americas, Europe and Australasia. The company has a market cap of 6.23 billion GBP. The Firm supplies a range of sourced non-food products to a variety of market sectors in around 27 countries. It has 27.31 P/E ratio. The Firm is managed business areas, including North America; Continental Europe; United Kingdom and Ireland, which supply a range of products to clients operating primarily in the foodservice, grocery, cleaning and hygiene, retail, safety and healthcare market sectors.

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