Will Bunzl continue falling, or will it recover from today’s losses?

• Bunzl shares fell 14% today
• Now trades 2230p (at time of writing)
• Slowed growth across operations overshadowed positive 1Q revenue
• Shares -12% from 2019 highs; +2,3% from 2019 lows; -5.8% year-to-date.
• Can the stock recover recent highs of 2553p?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Bunzl – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 2553p. You decide to buy exposure to £10,000 worth of Bunzl using a CFD, at the current price of 2230p. To do this, you need £2,000.

Let’s assume Bunzl recovers back to 2553p (+14%). Your profit would be £1300, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Bunzl falls 4% and hits your stop-loss. Your loss would be £400.

This is provided for information purposes only. It should not be taken as a recommendation.