Bunzl plc (LON:BNZL) Receives GBX 3,125 Consensus PT from Brokerages

Bunzl plc (LON:BNZL) has been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,125.

A number of research analysts have commented on the company. Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a report on Tuesday, April 29th. UBS Group reiterated a “sell” rating and set a GBX 2,200 ($29.83) price target on shares of Bunzl in a research report on Friday.

Insider Transactions at Bunzl

In other news, insider Jacky Simmonds acquired 2,200 shares of the business’s stock in a transaction that occurred on Monday, June 23rd. The stock was acquired at an average cost of GBX 2,328 ($31.57) per share, for a total transaction of £51,216 ($69,454.84). Also, insider Richard Howes acquired 4,471 shares of the business’s stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average price of GBX 2,219 ($30.09) per share, with a total value of £99,211.49 ($134,542.30). Insiders acquired a total of 15,132 shares of company stock valued at $34,939,160 over the last quarter. Company insiders own 0.84% of the company’s stock.

Bunzl Trading Up 0.2%

Shares of BNZL opened at GBX 2,280 ($30.92) on Friday. The company has a market capitalization of £7.46 billion, a P/E ratio of 15.76, a P/E/G ratio of 5.40 and a beta of 0.45. Bunzl has a one year low of GBX 2,210 ($29.97) and a one year high of GBX 3,732 ($50.61). The company has a debt-to-equity ratio of 123.00, a quick ratio of 0.73 and a current ratio of 1.15. The stock has a 50-day moving average price of GBX 2,294.80 and a 200 day moving average price of GBX 2,656.30.

Bunzl Company Profile

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.