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Pin to quick picksBunzl Share News (BNZL)

Share Price Information for Bunzl (BNZL)

London Stock Exchange
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Share Price: 3,070.00
Bid: 3,088.00
Ask: 3,090.00
Change: 36.00 (1.19%)
Spread: 2.00 (0.065%)
Open: 3,046.00
High: 3,092.00
Low: 3,046.00
Prev. Close: 3,034.00
BNZL Live PriceLast checked at -

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Berenberg hikes target price on Bunzl

Tue, 01st 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
23 Aug 2022 15:53

UK earnings, trading statements calendar - next 7 days

Wednesday 24 August 
Costain Group PLCHalf Year Results
Lookers PLCHalf Year Results
Thursday 25 August 
Amigo Holdings PLCQ1 Results
Anglo Pacific Group PLCHalf Year Results
Benchmark Holdings PLCQ3 Results
CRH PLCHalf Year Results
Faron Pharmaceuticals LtdHalf Year Results
Grafton Group PLCHalf Year Results
Harbour Energy PLCHalf Year Results
Hays PLCFull Year Results
Hunting PLCHalf Year Results
Macfarlane Group PLCHalf Year Results
Morses Club PLCFull Year Results
South32 LtdFull Year Results
Friday 26 August 
CT Private Equity Trust PLCHalf Year Results
Malin Corp PLCHalf Year Results
Monday 29 August 
no events scheduled 
Tuesday 30 August 
Braemar Shipping Services PLCFull Year Results
Bunzl PLCHalf Year Results
CentralNic Group PLCHalf Year Results
Old Mutual LtdHalf Year Results
Quarto Group IncHalf Year Results
Revolution Beauty Group PLCFull Year Results
Uniphar PLCHalf Year Results
  
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23 Aug 2022 11:49

ShoreCap stays at 'buy for Bunzl ahead of 1H results

(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Bunzl ahead of the value added distributor's first half results.

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19 Aug 2022 09:32

LONDON BROKER RATINGS: Jefferies cuts Bunzl, Compass and Mears

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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15 Aug 2022 09:31

LONDON BROKER RATINGS: JPMorgan cuts Auto Trader and Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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2 Aug 2022 09:27

Bunzl makes new acquisitions in Australia, Brazil, Benelux and UK

(Alliance News) - Bunzl PLC on Tuesday announced it has continued to expand internationally and domestically, with four new acquisitions.

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2 Aug 2022 07:26

Bunzl enters into agreements to acquire four businesses

(Sharecast News) - Distribution and services group Bunzl has agreed to acquire businesses in the Netherlands, Brazil, Australia, and the UK.

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5 Jul 2022 11:32

IN BRIEF: Glantus Holdings wins audit contract from Bunzl

Glantus Holdings PLC - Dublin-based data platform for accounts payable and shared services - Wins contract to provide a recovery audit for London-based distribution and services firm Bunzl PLC for its UK and Ireland businesses. "This Glantus solution enables a self-funding model to identify the root cause of issues, find lost working capital and unlock the use of that capital to automate manual processes in line with Bunzl's continuous improvement model," Glantus explains.

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30 Jun 2022 17:00

LONDON MARKET CLOSE: FTSE 100 ends woeful month on downbeat note

(Alliance News) - It was a red finish to a difficult month for equities in London, troubled by rising interest rates, soaring inflation and recession worries.

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30 Jun 2022 16:58

FTSE 100 posts first quarterly drop since September 2020

June 30 (Reuters) - London's FTSE 100 fell on Thursday and recorded its first quarterly drop since September 2020, as concerns grew that prolonged inflationary pressures would force central banks to act aggressively, leading to a global economic downturn.

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30 Jun 2022 12:17

LONDON MARKET MIDDAY: Stocks sink on hawkish stance of central bankers

(Alliance News) - Stock prices in London were sharply lower at midday on Thursday, after some of the world's most influential central bankers reaffirmed their determination to fight inflation, even at the risk of triggering recessions.

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30 Jun 2022 09:18

TOP NEWS: Bunzl ups growth outlook to "very good" from "moderate"

(Alliance News) - Bunzl PLC on Thursday lifted annual guidance as the distribution firm's fortunes are boosted by inflation.

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30 Jun 2022 08:44

LONDON MARKET OPEN: Housebuilders slide as house market starts to slow

(Alliance News) - Stock prices in London opened sharply lower on Thursday amid fears that the interest rate hikes required to rein in inflation will spark a global recession, while housebuilders fell after UK house price growth slowed.

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30 Jun 2022 07:51

LONDON MARKET PRE-OPEN: Bunzl raises guidance on strong growth

(Alliance News) - Stock prices in London are seen opening lower on Thursday as investors grow increasingly fearful that sharp interest rate hikes to rein in soaring inflation will spark a recession.

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30 Jun 2022 07:02

Bunzl sees operating margins slightly higher than historic levels

(Sharecast News) - Distribution and services group Bunzl said first-half operating margin was expected to be slightly higher than historic levels as inflation and acquisitions drove underlying growth.

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27 Jun 2022 15:51

UK dividends calendar - next 7 days

Tuesday 28 June 
Civitas Social Housing PLCdividend payment date
Ferrexpo PLCdividend payment date
Wednesday 29 June 
Menhaden PLCdividend payment date
Victrex PLCdividend payment date
Thursday 30 June 
Alliance Trust PLCdividend payment date
Atlantis Japan Growth Fund Ltddividend payment date
Burberry Group PLCex-dividend date
Caledonia Investments PLCex-dividend date
Caledonia Investments PLCspecial ex-dividend date
Cardiff Property PLCdividend payment date
Chelverton UK Dividend Trust PLCex-dividend date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
F&C Investment Trust PLCex-dividend date
HICL Infrastructure PLCdividend payment date
iEnergizer Ltdex-dividend date
Imperial Brands PLCdividend payment date
IntegraFin Holdings PLCdividend payment date
IP Group PLCdividend payment date
Learning Technologies Group PLCex-dividend date
Liontrust Asset Management PLCex-dividend date
Lowland Investment Co PLCex-dividend date
NextEnergy Solar Fund Ltddividend payment date
Palace Capital PLCex-dividend date
Premier Foods PLCex-dividend date
Premier Miton Global Renewables Trust PLCex-dividend date
Record PLCex-dividend date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Serica Energy PLCex-dividend date
Smart Metering Systems PLCex-dividend date
Spectris PLCdividend payment date
Tate & Lyle PLCex-dividend date
Temple Bar Investment Trust PLCdividend payment date
Treatt PLCex-dividend date
Troy Income & Growth Trust PLCex-dividend date
Urban Logistics REIT PLCex-dividend date
Vertu Motors PLCex-dividend date
Warehouse REIT PLCdividend payment date
Watkin Jones PLCdividend payment date
Friday 1 July 
AJ Bell PLCdividend payment date
Aurora Investment Trust PLCdividend payment date
Bellway PLCdividend payment date
Grainger PLCdividend payment date
GSK PLCdividend payment date
Hilton Food Group PLCdividend payment date
Keller Group PLCdividend payment date
Marshalls PLCdividend payment date
Pacific Assets Trust PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
Securities Trust of Scotland PLCdividend payment date
Shaftesbury PLCdividend payment date
Titon Holdings PLCdividend payment date
Vertu Motors PLCdividend payment date
Whitbread PLCdividend payment date
Monday 4 July 
Bunzl PLCdividend payment date
Ferrexpo PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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