Bunzl (BNZL)

Sector:

Retailers

Index:

FTSE 100

 3,044.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 3,306.00p
  • 52 Week Low: 2,687.00p
  • Currency: UK Pounds
  • Shares Issued: 338.04m
  • Volume: 987,202
  • Market Cap: £10,290m
  • RiskGrade: 114

Deutsche Bank lifts Bunzl price target after Q3 update

By Michele Maatouk

Date: Thursday 15 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank upped its price target on shares of distribution and services group Bunzl to 2,971p from 2,175p on Thursday following the company's third-quarter update a day earlier.
The bank said it was lifting 2020 earnings per share estimates by 22% and 2021 by 12% after the update.

"This is largely due to continuing strength in Covid-19 related protection items, as well as announced M&A and a limited recovery in its other business," it said.

"We continue to take a cautious view as to how 2021 will play out (most likely a decline in large Covid-19 orders but conversely a potential recovery in other sectors) but we believe that Bunzl has shown the resilient of its business model and its strength via diversity of end customers and markets.

"This is not to say that there are no risks but more that at the moment the risks appear under control."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bunzl Market Data

Currency UK Pounds
Share Price 3,044.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 3,306.00p
52 Week Low 2,687.00p
Volume 987,202
Shares Issued 338.04m
Market Cap £10,290m
RiskGrade 114

Bunzl Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.68% below the market average89.68% below the market average89.68% below the market average89.68% below the market average89.68% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
15.23% above the market average15.23% above the market average15.23% above the market average15.23% above the market average15.23% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
50.06% below the market average50.06% below the market average50.06% below the market average50.06% below the market average50.06% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Growth
51.71% below the market average51.71% below the market average51.71% below the market average51.71% below the market average51.71% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 7
Sell 4
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bunzl Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 16-Nov-23
Paid 02-Jul-24 03-Jan-24
Amount 50.10p 18.20p

Trades for 17-May-2024

Time Volume / Share Price
16:35 180,813 @ 3,042.00p
16:34 180,813 @ 3,042.00p
16:51 109 @ 3,044.00p
16:47 7,682 @ 3,051.80p
16:35 309,427 @ 3,044.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress

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