Jefferies International Reiterates Hold Rating for Bunzl PLC (LON:BNZL) stock. What’s the Best Move for Investors?

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Bunzl PLC (LON:BNZL) Rating Reaffirmed

In analysts note issued on Friday, 18 December, Jefferies International has restated their Hold rating on Bunzl PLC (LON:BNZL) shares.

From a total of 13 analysts covering Bunzl PLC (LON:BNZL) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 0.74% above today’s (GBX 1853) 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.

The stock closed the day at GBX 1853 during the previous session. It is down 1.70% since May 21, 2015 and is downtrending. It has outperformed by 0.57% the S&P500.

Jefferies International Reiterates Hold Rating for Bunzl PLC (LON:BNZL) stock. What’s the Best Move for Investors?

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 6.19 billion GBP. The Firm supplies a range of sourced non-food products to a variety of market sectors in around 27 countries. It has 27.17 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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