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Exane BNP Paribas reiterated Bunzl PLC (LON:BNZL) to Neutral in a report released today.

Exane BNP Paribas has reiterated Bunzl PLC (LON:BNZL) to Neutral in a report released on 10/10/2016.

Previously on 10/03/2016, Exane BNP Paribas reported about Bunzl PLC (LON:BNZL) held steady the target price at 2,350.00GBX. At the time, this indicated a possible upside of 0.01%.

Yesterday Bunzl PLC (LON:BNZL) traded 0.04% higher at 2,324.50GBX. The company’s 50-day moving average is 2,337.03GBX and its 200-day moving average is 2,200.91GBX. The last stock close price is up 5.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 542,943 shares of the stock were exchanged, down from an average trading volume of 623,379

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Bunzl PLC (LON:BNZL)

Bunzl PLC has a 52 week low of 1,722.00GBX and a 52 week high of 2,587.89GBX with a P/E ratio of 32.38 The company’s market cap is currently 0 GBX.

In addition to Exane BNP Paribas reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is 2,070.67GBX with 2 firms rating the stock a strong buy, 3 firms rating the stock a buy, 10 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Bunzl PLC (LON:BNZL)

Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company's segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World. The Rest of the World business area contains Latin America and Australasia. It serves over six market sectors, such as foodservice, which offers non-food consumables, such as food packaging, disposable tableware and guest amenities; grocery, which includes foods not for resale, including food packaging and films; cleaning and hygiene, which offers materials, including chemicals and hygiene paper; retails, which include goods not for resale, such as packaging and other store supplies; safety, which offers a range of personal protection equipment, including other workwear, and healthcare, which offers disposable healthcare consumables, such as gloves and other healthcare-related equipment.

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