Bunzl’s (BNZL) Underperform Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group restated their underperform rating on shares of Bunzl (LON:BNZL) in a research report sent to investors on Wednesday,Digital Look reports. They currently have a GBX 1,900 price target on the stock.

Separately, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,200 target price on shares of Bunzl in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of GBX 2,338.

Bunzl Stock Performance

BNZL stock opened at GBX 2,409 on Wednesday. The company has a market cap of £7.73 billion, a P/E ratio of 17.10, a PEG ratio of 5.40 and a beta of 0.29. Bunzl has a twelve month low of GBX 1,981 and a twelve month high of GBX 2,609.33. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 103.81. The business has a fifty day moving average of GBX 2,234.48 and a 200-day moving average of GBX 2,202.47.

Bunzl (LON:BNZL) last released its earnings results on Monday, March 2nd. The company reported GBX 179.30 earnings per share for the quarter. Bunzl had a return on equity of 17.21% and a net margin of 5.12%. As a group, equities research analysts expect that Bunzl will post 213.3413462 EPS for the current year.

Insider Buying and Selling at Bunzl

In other news, insider Richard Howes bought 8,267 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was bought at an average price of GBX 2,299 per share, for a total transaction of £190,058.33. 0.38% of the stock is currently owned by insiders.

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. It also provides food packaging, disposable tableware, guest amenities, catering equipment, agricultural supplies, cleaning and hygiene products, and safety items to hotels, restaurants, contract caterers, food processors, commercial growers, and the leisure sector; and gloves, boots, hard hats, ear and eye protection, and other workwear, as well as cleaning and hygiene supplies, and asset protection products to industrial and construction, and ecommerce sectors.