Shore Capital reaffirmed their hold rating on shares of Bunzl plc (LON:BNZL) in a research note issued to investors on Tuesday morning.

A number of other analysts have also recently commented on BNZL. Deutsche Bank AG boosted their price objective on Bunzl plc from GBX 2,575 ($33.30) to GBX 2,590 ($33.50) and gave the company a buy rating in a research report on Wednesday, August 23rd. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 2,505 ($32.40) price target on shares of Bunzl plc in a research report on Monday, July 24th. Barclays PLC reiterated an overweight rating and set a GBX 2,600 ($33.63) price target on shares of Bunzl plc in a research report on Thursday, June 29th. HSBC Holdings plc cut Bunzl plc to a hold rating and set a GBX 2,508 ($32.44) price target for the company. in a research report on Thursday, June 1st. Finally, Jefferies Group LLC cut Bunzl plc to an underperform rating and dropped their price target for the stock from GBX 2,230 ($28.84) to GBX 1,950 ($25.22) in a research report on Monday, May 22nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 2,324.30 ($30.06).

Bunzl plc (LON BNZL) opened at 2290.00 on Tuesday. Bunzl plc has a 1-year low of GBX 1,963.00 and a 1-year high of GBX 2,535.00. The stock’s market cap is GBX 7.54 billion. The stock has a 50 day moving average of GBX 2,286.36 and a 200 day moving average of GBX 2,323.53.

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About Bunzl plc

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