Bunzl plc (LON:BNZL – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,094.73 ($39.81) and traded as high as GBX 3,210 ($41.29). Bunzl shares last traded at GBX 3,166 ($40.73), with a volume of 538,599 shares changing hands.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on BNZL shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,200 ($41.16) target price on shares of Bunzl in a research note on Friday, June 28th. Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a report on Thursday, June 27th. JPMorgan Chase & Co. raised their price objective on Bunzl from GBX 3,300 ($42.45) to GBX 3,380 ($43.48) and gave the stock a “neutral” rating in a research report on Friday, June 28th. Finally, Royal Bank of Canada upped their target price on Bunzl from GBX 2,600 ($33.44) to GBX 2,700 ($34.73) and gave the company an “underperform” rating in a research report on Tuesday, July 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 3,120 ($40.13).
View Our Latest Report on BNZL
Bunzl Stock Down 2.0 %
About Bunzl
Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
Read More
- Five stocks we like better than Bunzl
- What is a SEC Filing?
- Market Crash? No Problem for DoorDash Stock’s Impressive Earnings
- What is Put Option Volume?
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- Compound Interest and Why It Matters When Investing
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
Receive News & Ratings for Bunzl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunzl and related companies with MarketBeat.com's FREE daily email newsletter.