Bunzl plc (LON:BNZL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,404.90 ($42.23) and traded as high as GBX 3,442 ($42.69). Bunzl shares last traded at GBX 3,430 ($42.55), with a volume of 495,168 shares traded.
Analyst Ratings Changes
Several brokerages have issued reports on BNZL. Shore Capital restated a "buy" rating on shares of Bunzl in a report on Thursday, December 19th. JPMorgan Chase & Co. upped their price objective on shares of Bunzl from GBX 3,980 ($49.37) to GBX 4,150 ($51.48) and gave the company an "overweight" rating in a report on Thursday, December 5th. Citigroup upgraded shares of Bunzl to a "buy" rating in a research report on Monday, January 13th. Finally, Jefferies Financial Group reiterated an "underperform" rating and issued a GBX 2,800 ($34.73) target price on shares of Bunzl in a report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Bunzl has a consensus rating of "Hold" and a consensus price target of GBX 3,375 ($41.86).
Check Out Our Latest Stock Analysis on BNZL
Bunzl Stock Performance
The business has a fifty day moving average price of GBX 3,399.53 and a two-hundred day moving average price of GBX 3,408.94. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00. The firm has a market capitalization of £11.27 billion, a PE ratio of 2,326.90, a PEG ratio of 5.40 and a beta of 0.45.
About Bunzl
(
Get Free Report)
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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