Bunzl (LON: BNZL) had its target price lifted by Citigroup from $18.04 (1190 GBX) to $20.85 (1375 GBX) in a report released on Tuesday. Citigroup currently has a buy rating on the stock.
BNZL has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a sell rating on shares of Bunzl in a research note to investors on Tuesday. They now have a $15.16 price target on the stock, up previously from $14.30. Separately, analysts at Prime Markets reiterated a buy rating on shares of Bunzl in a research note to investors on Monday. They now have a $19.64 price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Bunzl from $15.46 to $16.56 in a research note to investors on Monday. They now have a hold rating on the stock.
Shares of Bunzl traded down 0.33% during mid-day trading on Tuesday, hitting GBX 1221.00. Bunzl has a one year low of GBX 923.4999 and a one year high of GBX 1246.00. The stock’s 50-day moving average is currently GBX 1107.18. The company’s market cap is £3.974 billion.
Bunzl plc is engaged in providing value added distribution and outsourcing services in the Americas, Europe and Australasia.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
