Brokerages Set Bunzl plc (LON:BNZL) Price Target at GBX 2,728

Bunzl plc (LON:BNZL) has been assigned an average rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat Ratings 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 target price among brokers that have issued a report on the stock in the last year is GBX 2,728.

BNZL has been the subject of a number of analyst reports. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,900 price objective on shares of Bunzl in a report on Thursday, October 9th. UBS Group reiterated a “sell” rating and issued a GBX 2,200 target price on shares of Bunzl in a report on Friday, October 17th. Shore Capital restated a “buy” rating and set a GBX 3,040 price target on shares of Bunzl in a report on Tuesday, August 26th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 2,350 price target on shares of Bunzl in a research report on Wednesday, November 12th.

Bunzl Stock Performance

LON BNZL opened at GBX 2,170.06 on Friday. 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’s fifty day moving average is GBX 2,334.29 and its two-hundred day moving average is GBX 2,353.32. The firm has a market capitalization of £7.00 billion, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. Bunzl has a fifty-two week low of GBX 2,072.90 and a fifty-two week high of GBX 3,622.

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

About Bunzl

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.