Broker Recommendations

RBC Capital upgrades Bunzl to 'sector perform'

By Michele Maatouk

Date: Thursday 29 Aug 2024

(Sharecast News) - RBC Capital Markets upgraded Bunzl on Thursday to 'sector perform' from 'underperform' and lifted the price target to 3,350 from 2,700p as revenue headwinds ease.
"After a period of deflation-linked underperformance, we raise our rating to SP to reflect, principally, a brighter revenue and margin outlook, confidence around...

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