Bunzl plc (LON:BNZL - Get Free Report) has received an average recommendation of "Hold" from the six brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 3,375 ($43.49).
BNZL has been the subject of several recent analyst reports. Citigroup raised shares of Bunzl to a "buy" rating in a report on Monday, January 13th. JPMorgan Chase & Co. lifted their price objective on Bunzl from GBX 3,980 ($51.29) to GBX 4,150 ($53.48) and gave the company an "overweight" rating in a research report on Thursday, December 5th. Jefferies Financial Group reissued an "underperform" rating and issued a GBX 2,800 ($36.08) price objective on shares of Bunzl in a research note on Tuesday, December 17th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Bunzl in a research note on Thursday, December 19th.
Check Out Our Latest Stock Analysis on Bunzl
Bunzl Price Performance
Shares of Bunzl stock traded up GBX 56 ($0.72) during trading on Tuesday, hitting GBX 3,076 ($39.64). 116,685,781 shares of the company's stock traded hands, compared to its average volume of 3,218,702. Bunzl has a twelve month low of GBX 2,896 ($37.32) and a twelve month high of GBX 3,732 ($48.09). The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. The company has a market cap of £10.06 billion, a PE ratio of 21.26, a PEG ratio of 5.40 and a beta of 0.45. The firm's fifty day moving average price is GBX 3,344.31 and its 200 day moving average price is GBX 3,421.02.
Bunzl (LON:BNZL - Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The company reported GBX 194.30 ($2.50) earnings per share for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. Analysts forecast that Bunzl will post 213.3413462 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Frank van Zanten bought 4,000 shares of Bunzl stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of GBX 3,037 ($39.14) per share, for a total transaction of £121,480 ($156,546.39). Corporate insiders own 0.84% of the company's stock.
Bunzl Company Profile
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Get Free ReportBunzl 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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