Bunzl (LON:BNZL) Price Target Raised to GBX 4,150 at JPMorgan Chase & Co.

Bunzl (LON:BNZL - Free Report) had its target price lifted by JPMorgan Chase & Co. from GBX 3,980 ($50.57) to GBX 4,150 ($52.73) in a report issued on Thursday, Marketbeat Ratings reports. They currently have an overweight rating on the stock.

BNZL has been the topic of a number of other reports. Royal Bank of Canada upgraded shares of Bunzl to a "sector perform" rating and increased their target price for the stock from GBX 2,700 ($34.31) to GBX 3,350 ($42.57) in a report on Thursday, August 29th. Jefferies Financial Group boosted their price objective on Bunzl from GBX 2,600 ($33.04) to GBX 2,800 ($35.58) and gave the stock an "underperform" rating in a research report on Thursday, September 5th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Bunzl in a report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Bunzl currently has an average rating of "Hold" and an average price target of GBX 3,375 ($42.88).

Bunzl Trading Up 0.1 %

BNZL traded up GBX 2 ($0.03) during trading hours on Thursday, reaching GBX 3,612 ($45.90). The company's stock had a trading volume of 1,552,553 shares, compared to its average volume of 910,095. The stock has a market cap of £12.06 billion, a PE ratio of 2,491.40, a P/E/G ratio of 5.40 and a beta of 0.45. Bunzl has a fifty-two week low of GBX 2,896 ($36.80) and a fifty-two week high of GBX 3,732 ($47.42). The business's 50-day moving average is GBX 3,513.38 and its 200-day moving average is GBX 3,295.39. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73.

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.