Bunzl (BNZL)

Sector:

Retailers

Index:

FTSE 100

2,240.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 3,714.00
  • 52 Week Low: 2,222.00
  • Currency: UK Pounds
  • Shares Issued: 327.67m
  • Volume: 1,744,319
  • Market Cap: £7,340m
  • RiskGrade: 114
  • Beta: 0.01

Citi upgrades Bunzl to 'buy'

By Michele Maatouk

Date: Monday 13 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Citi upgraded Bunzl on Monday to 'buy' from 'neutral' as it said it was a hedged sector investment.
The bank had downgraded the shares to 'neutral' in December last year on valuation grounds, warning about deflationary headwinds weighing on organic growth and margins.

"Since then the stock has underperformed the market by 8%," it noted on Monday.

"Given increased market uncertainty on the back of rising bond yields, we upgrade our rating back to buy, whilst maintaining our target price, with ETR of circa 15%."

The bank has a 3,700p price target on the stock.

At 0945 GMT, the shares were up 1% at 3,314p.

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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 2,240.00p
Change Today -14.00p
% Change -0.62 %
52 Week High 3,714.00
52 Week Low 2,222.00
Volume 1,744,319
Shares Issued 327.67m
Market Cap £7,340m
Beta 0.01
RiskGrade 114

Bunzl Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.82% below the market average67.82% below the market average67.82% below the market average67.82% below the market average67.82% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
53.23% below the market average53.23% below the market average53.23% below the market average53.23% below the market average53.23% 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
Income
25.56% above the market average25.56% above the market average25.56% above the market average25.56% above the market average25.56% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
37.48% below the market average37.48% below the market average37.48% below the market average37.48% below the market average37.48% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 5
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 22-May-25 14-Nov-24
Paid 02-Jul-25 03-Jan-25
Amount 53.80p 20.10p

Trades for 01-Aug-2025

Time Volume / Share Price
14:46 0 @ 2,232.00p
14:41 4 @ 2,238.00p
16:36 23 @ 2,240.00p
16:35 151 @ 2,240.00p
16:35 202 @ 2,240.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress

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