Bunzl plc (LON:BNZL – Get Free Report) has earned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 7,175.
BNZL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Bunzl from GBX 2,730 to GBX 3,000 and gave the company a “hold” rating in a report on Wednesday, October 21st. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 2,300 price target on shares of Bunzl in a research report on Tuesday, October 20th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 2,600 price objective on shares of Bunzl in a research note on Tuesday, September 1st. Finally, JPMorgan Chase & Co. lifted their target price on shares of Bunzl from GBX 2,610 to GBX 2,800 and gave the company an “overweight” rating in a research note on Wednesday, September 2nd.
Get Our Latest Stock Analysis on Bunzl
Bunzl Price Performance
BNZL opened at GBX 2,844.85 on Tuesday. The company’s 50-day simple moving average is GBX 2,705.97 and its two-hundred day simple moving average is GBX 2,464.33. The company has a debt-to-equity ratio of 95.61, a quick ratio of 0.73 and a current ratio of 1.38. The stock has a market capitalization of £8.99 billion, a P/E ratio of 18.84, a P/E/G ratio of 5.40 and a beta of 0.32. Bunzl has a 52-week low of GBX 1,981 and a 52-week high of GBX 2,898.
Bunzl (LON:BNZL – Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The company reported GBX 65.70 EPS for the quarter. Bunzl had a net margin of 4.82% and a return on equity of 20.61%. As a group, analysts predict that Bunzl will post 213.34 EPS for the current year.
Insider Transactions at Bunzl
In other Bunzl news, insider Frank van Zanten purchased 34,946 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was acquired at an average price of GBX 2,630 per share, for a total transaction of £919,079.80. Insiders own 0.48% of the company’s stock.
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.
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