Bunzl plc (LON:BNZL) Insider Frank van Zanten Buys 4,000 Shares

Bunzl plc (LON:BNZL - Get Free Report) insider Frank van Zanten acquired 4,000 shares of the company's stock in a transaction on Thursday, March 6th. The stock was purchased at an average cost of GBX 3,037 ($39.10) per share, for a total transaction of £121,480 ($156,405.30).

Bunzl Stock Down 2.1 %

Shares of Bunzl stock traded down GBX 66 ($0.85) during trading hours on Monday, hitting GBX 3,010 ($38.75). The company had a trading volume of 1,145,553 shares, compared to its average volume of 3,175,511. The company's 50-day moving average is GBX 3,339.59 and its two-hundred day moving average is GBX 3,422.35. Bunzl plc has a twelve month low of GBX 2,896 ($37.29) and a twelve month high of GBX 3,732 ($48.05). 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 £9.84 billion, a P/E ratio of 20.81, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45.

Bunzl (LON:BNZL - Get Free Report) last issued 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 net margin of 4.20% and a return on equity of 16.82%. Analysts anticipate that Bunzl plc will post 213.3413462 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BNZL. Shore Capital reissued a "buy" rating on shares of Bunzl in a research report on Thursday, December 19th. Jefferies Financial Group reissued an "underperform" rating and issued a GBX 2,800 ($36.05) price objective on shares of Bunzl in a research report on Tuesday, December 17th. Citigroup raised shares of Bunzl to a "buy" rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Bunzl from GBX 3,980 ($51.24) to GBX 4,150 ($53.43) and gave the company an "overweight" rating in a report on Thursday, December 5th. One equities 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 company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of GBX 3,375 ($43.45).

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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.