Bunzl (BNZL)

Sector:

Retailers

Index:

FTSE 100

2,300.00p
   
  • Change Today:
    -40.00p
  • 52 Week High: 3,714.00
  • 52 Week Low: 2,222.00
  • Currency: UK Pounds
  • Shares Issued: 327.66m
  • Volume: 432,757
  • Market Cap: £7,536m
  • RiskGrade: 114
  • Beta: 0.00

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 2,300.00p
Change Today -40.00p
% Change -1.71 %
52 Week High 3,714.00
52 Week Low 2,222.00
Volume 432,757
Shares Issued 327.66m
Market Cap £7,536m
Beta 0.00
RiskGrade 114

Bunzl Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.45% below the market average70.45% below the market average70.45% below the market average70.45% below the market average70.45% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
65.46% below the market average65.46% below the market average65.46% below the market average65.46% below the market average65.46% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
18.23% above the market average18.23% above the market average18.23% above the market average18.23% above the market average18.23% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
40.83% below the market average40.83% below the market average40.83% below the market average40.83% below the market average40.83% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 5
Sell 4
Strong Sell 3
Total 19
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 11-Jul-2025

Time Volume / Share Price
16:14 2 @ 2,294.00p
16:15 12 @ 2,294.00p
16:13 3 @ 2,294.00p
15:26 3 @ 2,298.00p
16:35 342 @ 2,300.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress

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