Broker tips: Bunzl, Pearson
12th Jul 2023 07:53
(Sharecast News) - RBC Capital Markets downgraded Bunzl on Wednesday to 'underperform' from 'sector perform' and cut the price target to 2,550p from 2,850p as it said deflationary forces are building.
Read moreBunzl sees flat underyling revenue growth in H1
15th Jun 2023 07:03
(Sharecast News) - Specialist international distribution and services group Bunzl said it expected underlying revenue growth in the first half of the year to be broadly flat.
Read moreBunzl hits 200 acquisitions since 2004 with two new deals
30th May 2023 07:04
(Sharecast News) - Specialist international distribution and services group Bunzl said it had bought safety businesses in Brazil and Spain, taking its acquisitions total to 200 since 2004.
Read moreBunzl sees annual revenue slightly ahead of expectations
26th Apr 2023 07:17
(Sharecast News) - International distribution specialist Bunzl said it expected annual revenue and operating margin to be slightly ahead of forecasts as it reported a rise in first-quarter sales of 8.4%.
Read moreJPMorgan upgrades Bunzl, hikes price target
13th Mar 2023 10:57
(Sharecast News) - JPMorgan Cazenove upgraded Bunzl on Monday to 'overweight' from 'neutral', lifted the price target to 3,375p from 3,250p and placed the shares on 'positive catalyst watch' into the first-quarter trading update on 26 April.
Read moreBunzl profits, dividend rise on price, volumes
27th Feb 2023 07:01
(Sharecast News) - International distribution group Bunzl reported a rise in annual earnings, driven by product cost inflation, volume recovery in the first half and growth from acquisitions.
Read moreBunzl completes new deal on US services
2nd Feb 2023 07:31
(Sharecast News) - Specialist international distribution and services group Bunzl said it had agreed terms with its largest customer by revenue to continue to support the company with value-added distribution services across the US.
Read moreAnnual revenues set to jump at Bunzl
21st Dec 2022 07:01
(Sharecast News) - Full-year revenues are set to jump at Bunzl, the packaging and materials specialist said on Wednesday, bolstered by high inflation and acquisitions.
Read moreBunzl sells healthcare unit, buys four other businesses
20th Dec 2022 07:01
(Sharecast News) - International distribution group Bunzl said it was selling its UK healthcare division to Mediq and buying four other businesses.
Read moreBunzl Q3 revenues grow YOY
20th Oct 2022 07:07
(Sharecast News) - Distribution and services group Bunzl said on Thursday that its "diversified and resilient business model" had delivered "strong growth", with Q3 group revenues up 18.8% at actual exchange rates and 8.7% at constant exchange rates.
Read moreShoreCap stays at 'buy' on Bunzl, says prospects look assured
30th Aug 2022 10:03
(Sharecast News) - Analysts at ShoreCap stood by their 'buy' recommendation on shares of Bunzl, pointing out the company's revised guidance for margins.
Read moreBunzl lifts operating margin outlook as H1 profits rise
30th Aug 2022 07:46
(Sharecast News) - Distribution and services group Bunzl lifted its full-year margin outlook on Tuesday as it posted a jump in first-half profit and revenue, with product cost inflation and volume growth more than offsetting an expected decline in Covid-related sales.
Read moreShoreCap stays at 'buy for Bunzl ahead of 1H results
23rd Aug 2022 11:49
(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Bunzl ahead of the value added distributor's first half results.
Read moreBunzl enters into agreements to acquire four businesses
2nd Aug 2022 07:26
(Sharecast News) - Distribution and services group Bunzl has agreed to acquire businesses in the Netherlands, Brazil, Australia, and the UK.
Read moreBunzl sees operating margins slightly higher than historic levels
30th Jun 2022 07:02
(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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