Bunzl plc (LON:BNZL) Insider Acquires £99,211.49 in Stock

Bunzl plc (LON:BNZL) insider Richard Howes acquired 4,471 shares of the firm’s stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average price of GBX 2,219 ($29.84) per share, with a total value of £99,211.49 ($133,420.51).

Richard Howes also recently made the following trade(s):

• On Wednesday, April 16th, Richard Howes purchased 8,479 shares of Bunzl stock. The stock was acquired at an average price of GBX 2,338 ($31.44) per share, for a total transaction of £198,239.02 ($266,593.63).

Bunzl Stock Down 0.2%

BNZL stock opened at GBX 2,248.13 ($30.23) on Friday. Bunzl plc has a 1-year low of GBX 2,210 ($29.72) and a 1-year high of GBX 3,732 ($50.19). The firm has a market capitalization of £7.35 billion, a PE ratio of 15.54, a PEG ratio of 5.40 and a beta of 0.45. The business’s 50 day simple moving average is GBX 2,393.26 and its 200 day simple moving average is GBX 2,961.04. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a research report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 3,375 ($45.39).

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.