Bunzl (LON:BNZL) Releases Quarterly Earnings Results

Bunzl (LON:BNZL - Get Free Report) released its quarterly earnings results on Monday. The company reported GBX 194.30 ($2.45) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Bunzl had a return on equity of 16.82% and a net margin of 4.20%.

Bunzl Trading Down 8.0 %

Bunzl stock opened at GBX 3,098 ($39.05) on Monday. Bunzl has a 52 week low of GBX 2,896 ($36.51) and a 52 week high of GBX 3,732 ($47.04). The stock has a market capitalization of £10.13 billion, a P/E ratio of 21.42, a PEG ratio of 5.40 and a beta of 0.45. The stock has a 50-day simple moving average of GBX 3,364.95 and a 200 day simple moving average of GBX 3,427.29. The company has a debt-to-equity ratio of 123.00, a quick ratio of 0.73 and a current ratio of 1.15.

Analyst Ratings Changes

BNZL has been the topic of a number of recent research reports. Citigroup raised Bunzl to a "buy" rating in a research report on Monday, January 13th. Shore Capital reaffirmed a "buy" rating on shares of Bunzl in a research report on Thursday, December 19th. Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 2,800 ($35.30) target price on shares of Bunzl in a research report on Tuesday, December 17th. Finally, JPMorgan Chase & Co. lifted their price target on Bunzl from GBX 3,980 ($50.17) to GBX 4,150 ($52.31) and gave the stock an "overweight" rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of GBX 3,375 ($42.54).

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.

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