Bunzl (LON:BNZL) Earns “Sell” Rating from UBS Group

Bunzl (LON:BNZL)‘s stock had its “sell” rating reiterated by stock analysts at UBS Group in a research note issued on Friday, Marketbeat Ratings reports. They presently have a GBX 2,200 target price on the stock. UBS Group’s target price would suggest a potential downside of 9.76% from the company’s previous close.

Other research analysts also recently issued reports about the company. Shore Capital reissued a “buy” rating and issued a GBX 3,040 target price on shares of Bunzl in a report on Tuesday, August 26th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,350 price objective on shares of Bunzl in a research report on Thursday, October 9th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,900 price objective on shares of Bunzl in a research note on Thursday, October 9th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 2,728.

Bunzl Price Performance

Bunzl stock opened at GBX 2,438 on Friday. The business has a 50 day simple moving average of GBX 2,424.67 and a 200 day simple moving average of GBX 2,416.68. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. The company has a market capitalization of £7.88 billion, a PE ratio of 1,676.75, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. Bunzl has a one year low of GBX 2,210 and a one year high of GBX 3,622.

Bunzl (LON:BNZL) last announced its quarterly earnings results on Tuesday, August 26th. The company reported GBX 77.80 earnings per share for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. On average, sell-side analysts forecast that Bunzl will post 213.3413462 EPS for the current fiscal year.

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.