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Jefferies International announced Bunzl PLC (LON:BNZL), dropping its stock price target to 1,950.00GBX today

In a report released on 5/22/2017 Jefferies International reduced the stock price target of Bunzl PLC (LON:BNZL) from 2,230.00GBX to 1,950.00GBX reporting a possible downside of -0.18%.

Previously on 04/20/2017, JP Morgan Cazenove reported on Bunzl PLC (LON:BNZL) held steady the target price at 2,505.00GBX. At the time, this indicated a possible upside of 0.08%.

Just yesterday Bunzl PLC (LON:BNZL) traded 1.35% higher at 2,370.00GBX. Bunzl PLC’s 50-day moving average is 2,261.76GBX and its 200-day moving average is 2,323.47GBX. The last closing price is up -0.19% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 893,711 shares of BNZL traded hands, up from an average trading volume of 880,932

Recent Performance Chart


Bunzl PLC has 52 week low of 1,963.00GBX and a 52 week high of 2,472.00GBX with a PE ratio of 27.03 and has a market capitalization of 0 GBX.

In addition to Jefferies International reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is 2,070.67GBX with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 10 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Bunzl PLC (LON:BNZL)

Bunzl plc is engaged in the distribution and outsourcing service. It supplies a range of non-food products to a range of market sectors. Its segments include North America, Continental Europe, UK & Ireland, and Rest of the World. It serves six market sectors, including foodservice, which offers non-food consumables, including food packaging and guest amenities, to hotels and restaurants, among others; grocery, which includes foods not for resale, including films and labels, to grocery stores and supermarkets, among others; cleaning and hygiene, which offers materials, including chemicals and hygiene paper, to cleaning and facilities management companies, among others; safety, which offers personal protection equipment, to industrial and construction markets; retail, which includes goods not for resale, such as packaging and other store supplies, and healthcare, which offers disposable healthcare consumables, including gloves and bandages, to hospitals and care homes, among others.

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