{
Dominic Edridge

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}
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Deutsche Bank upgrades Bunzl stock rating to buy with increased price target

Deutsche Bank has upgraded Bunzl's stock rating from Hold to Buy, raising the price target to GBP34.75 from GBP34.00. Analyst Dominic Edridge noted that the recent share price dip presents a favorable entry point, highlighting Bunzl's consistent profit growth and potential for organic growth in fiscal year 2025, despite short-term deflation challenges. The report indicates a cautiously optimistic outlook, with signs of stabilizing prices and potential profit boosts from tariffs if demand remains stable.
Investing.com India
British Pound Sterling Deutsche Bank RV Global PP Bunzl plc GBR Dominic Edridge
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13:05 24.03.2025
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