Bunzl’s (BNZL) “Hold” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Bunzl (LON:BNZL)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 3,200 ($40.59) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 5.33% from the stock’s current price.

Separately, Shore Capital reiterated a “buy” rating on shares of Bunzl in a research report on Thursday.

Bunzl Price Performance

Shares of BNZL opened at GBX 3,038 ($38.54) on Friday. The firm has a market cap of £10.20 billion, a price-to-earnings ratio of 1,972.73, a PEG ratio of 5.40 and a beta of 0.47. The stock has a 50 day moving average of GBX 3,033.60 and a 200-day moving average of GBX 3,095.65. The company has a current ratio of 1.40, a quick ratio of 0.73 and a debt-to-equity ratio of 106.68. Bunzl has a 52 week low of GBX 2,680 ($34.00) and a 52 week high of GBX 3,306 ($41.94).

Insider Activity at Bunzl

In related news, insider Frank van Zanten sold 24,244 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of GBX 3,062 ($38.84), for a total transaction of £742,351.28 ($941,711.63). Insiders own 0.84% of the company’s stock.

About Bunzl

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.