Are Analysts Bearish Bunzl plc (LON:BNZL) After Last Week?

July 14, 2018 - By Elena Maslow

Bunzl plc (LON:BNZL) Logo

Bunzl plc (LON:BNZL) Ratings Coverage

Among 10 analysts covering Bunzl PLC (LON:BNZL), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Bunzl PLC had 18 analyst reports since January 15, 2018 according to SRatingsIntel. BNP Paribas upgraded it to “Buy” rating and GBX 2350 target in Friday, April 27 report. Citigroup maintained the shares of BNZL in report on Thursday, June 28 with “Buy” rating. Citigroup maintained Bunzl plc (LON:BNZL) on Thursday, February 22 with “Buy” rating. The firm has “Outperform” rating by Credit Suisse given on Tuesday, February 27. The stock of Bunzl plc (LON:BNZL) has “Neutral” rating given on Thursday, May 24 by Goldman Sachs. The rating was maintained by UBS on Monday, February 26 with “Neutral”. The rating was maintained by Deutsche Bank on Wednesday, June 6 with “Buy”. The stock has “Overweight” rating by Barclays Capital on Tuesday, February 27. JP Morgan maintained the stock with “Neutral” rating in Tuesday, February 27 report. As per Monday, February 26, the company rating was maintained by Shore Capital. Below is a list of Bunzl plc (LON:BNZL) latest ratings and price target changes.

08/07/2018 Broker: Berenberg Rating: Hold Old Target: GBX 2250.00 New Target: GBX 2350.00 Reiteration
04/07/2018 Broker: UBS Rating: Neutral Old Target: GBX 2200.00 New Target: GBX 2300.00 Maintain
27/06/2018 Broker: JP Morgan Rating: Neutral New Target: GBX 2609.00 Maintain
28/06/2018 Broker: Citigroup Rating: Buy Old Target: GBX 2700.00 Maintain
06/06/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 2570.00 New Target: GBX 2650.00 Maintain
24/05/2018 Broker: Goldman Sachs Rating: Neutral Old Target: GBX 2200.00 New Target: GBX 2500.00 Maintain
27/04/2018 Broker: BNP Paribas Rating: Buy Old Target: GBX 2200.00 New Target: GBX 2350.00 Upgrade
18/04/2018 Broker: Shore Capital Rating: Buy New Target: GBX 2134.00 Maintain
06/04/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 2630.00 Maintain
26/02/2018 Broker: UBS Rating: Neutral Old Target: GBX 2200.00 New Target: GBX 2200.00 Maintain

The stock increased 0.09% or GBX 2 during the last trading session, reaching GBX 2302. About 814,510 shares traded. Bunzl plc (LON:BNZL) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company has market cap of 7.61 billion GBP. It provides non-food consumables, including food packaging, disposable tableware, guest amenities, food service disposables, light and heavy catering equipment, napkins, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as leisure sector. It has a 24.62 P/E ratio. The firm also offers films, labels, counter-service packaging, take-out, first aid products, point of purchase displays, stationeries, bags, and cleaning and hygiene supplies to grocery stores, supermarkets, retail chains, convenience stores, food wholesalers, ethnic grocers, organic food outlets, and others.

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