Bunzl PLCBNZL
▲ PositiveCapitalrelevance
Citi and JPMorgan raised price targets and maintain positive ratings, signaling confidence in higher valuation.
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Bunzl PLCAnalysts at Citi and JPMorgan have raised their price targets for Bunzl, with Citi lifting its target to £3,000 from £2,800 and JPMorgan moving to £2,610 from £2,580. Both firms maintain positive ratings, signaling confidence in the company's ability to support a higher valuation. The divergence between the two targets highlights differing views on how strongly Bunzl can sustain richer multiples. Fair value estimates have also edged up, with revenue growth assumptions rising to 2.43% and net profit margin to 4.07%.
Bunzl PLCCiti and JPMorgan raised price targets and maintain positive ratings, signaling confidence in higher valuation.