♔ The Trade Off
UBS Sticks to Their Sell Rating for Bunzl plc (BNZL)
UBS analyst Rory McKenzie maintained a Sell rating on Bunzl plc today and set a price target of p2,200.00.
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According to TipRanks, McKenzie is a 3-star analyst with an average return of 2.6% and a 49.67% success rate. McKenzie covers the Industrials sector, focusing on stocks such as Experian, Ashtead, and Hays plc.
The word on The Street in general, suggests a Hold analyst consensus rating for Bunzl plc with a p2,372.86 average price target.
Based on Bunzl plc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p2.88 billion and a net profit of p90.95 million. In comparison, last year the company earned a revenue of p5.71 billion and had a net profit of p198.7 million
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