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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bunzl Plc | BNZL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 34.00 | 0.94% | 3,648.00 | 16:35:19 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3,636.00 | 3,622.00 | 3,648.00 | 3,648.00 | 3,614.00 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Top Posts |
|---|
Posted at 12/7/2021 10:10 by philanderer Berenberg has upgraded Bunzl (BNZL) which it believes is too overlooked by investors and is attractively valued.Analyst Thomas Burlton upgraded his recommendation from ‘hold’ to ‘buy’ and increased the target price from £26.50 to £27.50 on the stock, which has been described as the most boring company in the FTSE 100. Shares in the company, which provides a range of everyday products from food packaging to safety equipment, closed up 3.6%, or 89p, at £25.56 on Friday. Burlton said the stock ‘often gets overlooked by investors, but this is to neglect a well-run, attractively priced, acquisitive compounding business, where expectations are too cautious’. ‘After a relatively strong performance of Bunzl’s shares following the March 2020 market trough, since November, the reopening trade has taken hold and investors have rotated out of – or bet against – the perceived 2020 winners,’ he said. ‘We think the recent relative underperformance of Bunzl has run its course. The shares are attractively valued and consensus estimates are conservative.’ |
Posted at 12/4/2019 13:32 by connorcampbell !YOUTUBEVIDEO:KJzkxHCan Bunzl distribute some good vibes following Wednesday’s first quarter update? While it may have overcame the setback already, late-February’ Any word on further acquisitions will be sort after on Wednesday, while investors will be keeping an eye on Bunzl’s UK margins given that trading conditions have been no less ‘challenging&r Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: |
Posted at 12/4/2019 13:32 by connorcampbell Can Bunzl distribute some good vibes following Wednesday’s first quarter update?While it may have overcame the setback already, late-February’ Any word on further acquisitions will be sort after on Wednesday, while investors will be keeping an eye on Bunzl’s UK margins given that trading conditions have been no less ‘challenging&# Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: hxxps://spreadex.com |
Posted at 01/3/2016 21:01 by mr aboii WELCOME TO Bunzl PLC _ ACTIVE INVESTORS CLUB (BNZL) |
Posted at 21/6/2013 17:37 by miata Bunzl gained after analysts at JP Morgan Cazenove reiterated a 'buy' rating in a note issued to investors on Friday. |
Posted at 16/4/2009 13:04 by primrose This hasn't fallen further and wont in the coming days. Shorters havesimply moved in today and are manipulating the order book trying to hold the shareprice down still. You MMs miata will cover and close shorts sooner. There's nothing being gained off retail investors of any significance. No rush or concern on this one. 510p to 550p bounce back will happen today/tomorrow or Monday without any doubt. Seen it too many times before, and the quoted TW. went from 19p to 54p within 5 weeks recently. These being the lows for BNZL. The $US will also slip back to 143p near term which wholly benefits BNZL.. |
Posted at 16/4/2009 12:17 by miata CAZENOVEIn addition we estimate $ strength is causing some small transaction margin impacts on imported products. This last factor particularly applies in UK and Australia, which buy imported products priced in US$; we estimate the level of imported goods sales at c.27% in UK and 30% in Australia (and c.8% in North America, giving c.15% for BNZL overall). BNZL has raised further $300m debt from US private placement (total now $800m) with 5-10 year maturities. This increases debt maturity, but we estimate at is c.1% higher interest charge than existing debt; we increase group interest charge by -£2m. In our view the acquisition pipeline condition is unchanged; a good pipeline, currently fairly inactive due to valuation perception gaps and macro uncertainties, but with potential for distressed sales opportunities to quickly emerge. NUMIS Bunzl's IMS was a fraction more downbeat than we expected with organic growth slightly negative versus our expectation of 1.5% growth. Clearly Q1 has been tough, particularly in the UK which is less defensive as it has a higher percentage of sales outside the food industries. There will be some disappoinment in the short term but we believe the fundamental attractions of the business have not changed. Q1 IMS was a little more cautious than we expected. Group sales rose by 18% in Q1 but we believe currency accounts for 16% and acquistions a short 2% of this figure. Underlying sales were marginally down against our expectation of +1.5%. Part of this can be explained by the UK business where the economic background has deteriorated through the quarter. Also the UK business is less exposed to the resilient food and food related sectors. The statement alluded to margin pressure, particularly in the UK but also to parts of ROW which we believe relates to Australia. Both areas have weak currencies which will have exaggerated the issue. We have reduced our forecasts for the current year (PBT from £266m to £260m) to take account of the more cautious statement. However, we are reluctant to take a knife to our forecasts as we believe that Q1 is probably the worst comparator as organic rates of growth had slowed in H2 of 2008. Also acquistions account for 2/3rds of growth over the past 18 years and we see eps and value accretion from these in the current economic environment. We expect a short term negative re-action but would encourgage long term investors to buy into this weakness. |
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