Bunzl buys US and Australian businesses as deals continue

14th Sep 2021 08:29

(Sharecast News) - Bunzl has agreed to buy a US safety business and an Australia-focused medical supplies distributor as the distribution and outsourcing group continued its acquisition spree.

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RBC Capital Markets hikes target price on Bunzl

6th Sep 2021 11:02

(Sharecast News) - Analysts at RBC Capital Markets raised their target price on distribution company Bunzl from 2,270.0p to 2,450.0p on Monday following the firm's "solid" first-half earnings.

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Bunzl profit rises as core business recovers

31st Aug 2021 07:12

(Sharecast News) - Bunzl reported first-half adjusted profit up almost 15% as a recovery in its core business more than offset declining sales of Covid-19 related products.

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Friday broker round-up

9th Jul 2021 14:40

(Sharecast News) - Burberry: Goldman Sachs upgrades to buy with a target price of 2,475p.

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Bunzl shares 'attractively valued', says Berenberg

9th Jul 2021 09:40

(Sharecast News) - Outsourcer Bunzl rallied on Friday after Berenberg lifted its stance on the shares to 'buy' from 'hold', as it argued that the recent relative underperformance has run its course.

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Wednesday broker round-up

30th Jun 2021 13:44

(Sharecast News) - Workspace: RBC Capital Markets upgrades to outperform with a target price of 1,050p.

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Thursday broker round-up

24th Jun 2021 14:13

(Sharecast News) - BP: HSBC downgrades to hold with a target price of 360p.

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Bunzl sees rise in H1 revenue as recovery offset by fall in Covid orders

24th Jun 2021 07:01

(Sharecast News) - Distribution specialist Bunzl forecast a rise in first-half revenue as a recovery in its base business, including the food service and retail sectors, was largely offset by an anticipated fall in Covid-related orders.

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Bunzl buys New Zealand's Obex Medical

18th May 2021 07:57

(Sharecast News) - Distribution and services group Bunzl said it was buying New Zealand's Obex Medical for an undisclosed sum.

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Friday broker round-up

30th Apr 2021 12:49

(Sharecast News) - 888 Holdings: Berenberg reiterates buy with a target price of 460p.

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Bunzl Q1 revenues up on Covid product demand

21st Apr 2021 07:01

(Sharecast News) - Distribution specialist Bunzl reported a rise in first quarter revenue driven by demand for Covid-related products, but warned of a slight slowdown in the second half as it maintained full year guidance.

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Wednesday preview: UK CPI, Bunzl, Netflix in focus

20th Apr 2021 10:08

(Sharecast News) - Wednesday's focus will be on the latest consumer price data due out in the UK.

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Director dealings: Bunzl CFO makes share sale

14th Apr 2021 15:52

(Sharecast News) - Bunzl revealed on Wednesday that chief financial officer Richard Howes had disposed of 19,383 ordinary shares in the FTSE 100-listed distribution company.

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Tuesday broker round-up

23rd Mar 2021 13:12

(Sharecast News) - Fevertree: Barclays upgrades to buy with a target price of 2,500p.

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RBC upgrades Bunzl after de-rating, 'robust' FY results

23rd Mar 2021 10:28

(Sharecast News) - RBC Capital Markets lifted its stance on Bunzl shares on Monday to 'sector perform' from 'underperform' and upped the price target to 2,270p from 2,200p following a de-rating.

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