HSBC Reiterates Neutral on Bunzl (BNZL)
Bunzl (LON: BNZL)‘s stock had its “neutral” rating reiterated by investment analysts at HSBC in a note issued to investors on Thursday. They currently have a $18.07 (1120 GBX) target price on the stock.
Shares of Bunzl opened at 1028.00 on Thursday. Bunzl has a one year low of GBX 768.50 and a one year high of GBX 1168.00. The company’s market cap is £3.346 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated an “underperform” rating on shares of Bunzl in a research note to investors on Monday, October 22nd. They now have a $14.08 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Bunzl in a research note to investors on Friday, October 19th. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Bunzl in a research note to investors on Monday, October 8th. They now have a $15.21 price target on the stock.
Bunzl plc is engaged in providing value added distribution and outsourcing services in the Americas, Europe and Australasia.
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