Bunzl (LON:BNZL) Receives “Sector perform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reissued their sector perform rating on shares of Bunzl (LON:BNZL) in a report issued on Tuesday, Marketbeat reports. The brokerage currently has a GBX 2,200 price objective on the stock.

Bunzl Price Performance

Shares of BNZL stock opened at GBX 2,236 on Tuesday. The stock has a 50-day moving average price of GBX 2,109.42 and a 200 day moving average price of GBX 2,241.74. 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 firm has a market cap of £7.21 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 5.40 and a beta of 0.35. Bunzl has a 12 month low of GBX 1,981 and a 12 month high of GBX 3,096.

Bunzl (LON:BNZL) last announced its quarterly earnings data on Monday, March 2nd. The company reported GBX 179.30 EPS for the quarter. Bunzl had a return on equity of 17.21% and a net margin of 3.88%. Research analysts expect that Bunzl will post 213.3413462 EPS 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. 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.