Bunzl’s (BNZL) “Hold” Rating Reiterated at Stifel Nicolaus

Stifel Nicolaus reissued their hold rating on shares of Bunzl (LON:BNZL) in a research report report published on Wednesday,Digital Look reports. Stifel Nicolaus currently has a GBX 2,350 price target on the stock.

BNZL has been the subject of a number of other research reports. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 1,900 target price on shares of Bunzl in a report on Wednesday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 2,200 price target on shares of Bunzl in a research note on Tuesday, March 10th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of GBX 2,338.

Bunzl Price Performance

Bunzl stock opened at GBX 2,444.23 on Wednesday. Bunzl has a one year low of GBX 1,981 and a one year high of GBX 2,609.33. The company has a debt-to-equity ratio of 103.81, a quick ratio of 0.73 and a current ratio of 1.39. The business has a fifty day moving average of GBX 2,244.85 and a two-hundred day moving average of GBX 2,203.66. The company has a market cap of £7.85 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 5.40 and a beta of 0.29.

Bunzl (LON:BNZL) last released its earnings results 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 5.12%. As a group, analysts predict that Bunzl will post 213.3413462 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Richard Howes acquired 8,267 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average price of GBX 2,299 per share, for a total transaction of £190,058.33. Corporate insiders own 0.38% of the company’s stock.

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.