Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBunzl Share News (BNZL)

Share Price Information for Bunzl (BNZL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,280.00
Bid: 2,284.00
Ask: 2,286.00
Change: 10.00 (0.44%)
Spread: 2.00 (0.09%)
Open: 2,264.00
High: 2,307.00
Low: 2,263.00
Yest. Close: 2,270.00
BNZL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Berenberg hikes target price on Bunzl

Tue, 1st Sep 2020 09:51

(Sharecast News) - Analysts at Berenberg raised their target price on business services provider Bunzl from 2,250.0p to 2,650.0p on Tuesday, citing the group's "standout display of earnings resilience" in the first half.
While the analysts praised Bunzl first-half performance, they said the longevity of said earnings resilience would be tested in the second-half as the boost from Covid-19- related products experienced in the opening period subsides.

With the shares up by almost 20% year-to-date, outperforming the UK market by 38%, the German bank also thinks the tailwinds of the first-half now look fully priced-in.

Berenberg also said it remained cautious of potential macro distress in the foodservice and retail end-markets, as well as from the impact of government support schemes tapering later in the year.

However, the analysts pointed out that this was largely balanced by consensus estimates that were "not overly ambitious" - leading it to retain its 'hold' recommendation on the stock.

More News

BROKER RATINGS: Exane BNP downgrades three property companies

BROKER RATINGS: Exane BNP downgrades three property companies

6 May 21 09:46

Friday broker round-up

(Sharecast News) - 888 Holdings: Berenberg reiterates buy with a target price of 460p.

30 Apr 21 12:49

LONDON MARKET CLOSE: Stocks lower as Covid-19 cases surge in India

LONDON MARKET CLOSE: Stocks lower as Covid-19 cases surge in India

27 Apr 21 16:59

BROKER RATINGS: Legal & General, Informa upgraded while Bunzl gets cut

BROKER RATINGS: Legal & General, Informa upgraded while Bunzl gets cut

27 Apr 21 09:40

LONDON BRIEFING: BP gives FTSE 100 lift with buyback plan as debt cut

LONDON BRIEFING: BP gives FTSE 100 lift with buyback plan as debt cut

27 Apr 21 08:18

CORRECT (Apr 21): Bunzl shareholders vent anger over Nanninga, Murria

CORRECT (Apr 21): Bunzl shareholders vent anger over Nanninga, Murria

23 Apr 21 14:38

UPDATE: Bunzl shareholders vent frustrations over Nanninga, Murria

UPDATE: Bunzl shareholders vent frustrations over Nanninga, Murria

21 Apr 21 19:45

LONDON MARKET CLOSE: FTSE 100 rebounds after worst day in two months

LONDON MARKET CLOSE: FTSE 100 rebounds after worst day in two months

21 Apr 21 17:01

LONDON MARKET MIDDAY: Stocks recover modestly; Netflix misses targets

LONDON MARKET MIDDAY: Stocks recover modestly; Netflix misses targets

21 Apr 21 12:08

LONDON MARKET OPEN: Stocks rise; Just Eat sinks on Germany competition

LONDON MARKET OPEN: Stocks rise; Just Eat sinks on Germany competition

21 Apr 21 09:01

Bunzl expects "robust" 2021 revenue growth despite Covid challenges

Bunzl expects "robust" 2021 revenue growth despite Covid challenges

21 Apr 21 08:56

LONDON BRIEFING: Bunzl holds guidance as Covid-19 related orders slow

LONDON BRIEFING: Bunzl holds guidance as Covid-19 related orders slow

21 Apr 21 08:11

LONDON MARKET PRE-OPEN: Anto holds outlook, BHP cuts coal guidance

LONDON MARKET PRE-OPEN: Anto holds outlook, BHP cuts coal guidance

21 Apr 21 07:52

UPDATE 2-Bunzl eyes further acquisitions post pandemic

* CEO sees more deals in 2021, ramp-up in M&A in one to two years* Q1 revenue up 10.4% at constant exchange rates* Sales of non-COVID-19 products fall 5%, 2021 outlook unchanged* Shares drop more than 3% (Writes through with CEO interview, analyst...

21 Apr 21 07:50

Bunzl Q1 revenues up on Covid product demand

(Sharecast News) - Distribution specialist Bunzl reported a rise in first quarter revenue driven by demand for Covid-related products, but warned of a slight slowdown in the second half as it maintained full year guidance.

21 Apr 21 07:01

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.