You are here

Prices & Quotes - UK Markets - Bunzl (BNZL)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 2,400.00p
Change Today:
-11.00p
Market Cap:
8,087m
Sector:
General Industrials

RBC Capital Markets raises target price on Bunzl

By Iain Gilbert

Date: Tuesday 25 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Analysts at RBC Capital Markets hiked their target price on distribution and services group Bunzl from 1,750.0p to 2,000.0p on Tuesday.
RBC said Bunzl's stock had "performed well" and proved far more resilient than the market had presumed, with first-half results coming in slightly ahead of forecasts - but largely consistent with the group's June update.

However, although Bunzl's outlook pointed to the strength of its business model, the Canadian broker believes the market will now focus on the tougher comparatives and the tough macro environment going into 2021.

"It is difficult to fault the group's track record of growth," said the analysts. "However, with structural pressures in grocery and retail, macroeconomic impacts from the government measures to contain Covid-19, potential competitive pressures emerging (Amazon B2B) and an increase in cost pressures and environmental awareness, this resilience has started to be tested."

With the valuation back at 20.0x 2021 price-to-earnings and growth seeming harder to come by going forward, RBC expects sentiment and momentum will "likely weaken", leading it to reiterate its 'underperform' rating on the stock.

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

 

Bunzl Market Data

Currency UK Pounds
Price 2,400.00p
Change Today -11.00p
52 Week High 2,603.00p
52 Week Low 1,277.00p
Volume 793,081
Shares Issued 336.96m
Market Cap 8,087m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 6
Sell 1
Strong Sell 3
Total 16
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
  2nd Interim 1st Interim
Ex-Div 03-Dec-20 15-Oct-20
Paid 07-Jan-21 16-Nov-20
Amount 15.80p 35.80p

Trades for 30-Oct-2020

Time Volume / Share Price
16:37 56,220 @ 2,400.00p
16:35 529,599 @ 2,400.00p
16:29 7 @ 2,414.00p
16:29 8 @ 2,414.00p
16:29 1 @ 2,414.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress