Bunzl plc (LON:BNZL – Get Free Report) insider Jacky Simmonds acquired 1,445 shares of the stock in a transaction on Thursday, August 29th. The shares were acquired at an average price of GBX 3,462 ($45.65) per share, with a total value of £50,025.90 ($65,971.12).
Bunzl Price Performance
BNZL stock opened at GBX 3,556 ($46.89) on Friday. The stock has a market cap of £11.95 billion, a PE ratio of 2,279.49, a P/E/G ratio of 5.40 and a beta of 0.46. Bunzl plc has a 12 month low of GBX 2,709 ($35.72) and a 12 month high of GBX 3,600 ($47.47). The company has a 50-day moving average price of GBX 3,182.44 and a 200 day moving average price of GBX 3,099.52. The company has a current ratio of 1.40, a quick ratio of 0.73 and a debt-to-equity ratio of 106.68.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on BNZL shares. Royal Bank of Canada upgraded shares of Bunzl to a “sector perform” rating and upped their target price for the company from GBX 2,700 ($35.61) to GBX 3,350 ($44.18) in a research report on Thursday. JPMorgan Chase & Co. upped their price objective on Bunzl from GBX 3,300 ($43.52) to GBX 3,380 ($44.57) and gave the company a “neutral” rating in a research report on Friday, June 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 3,200 ($42.20) price objective on shares of Bunzl in a research note on Friday, June 28th. Finally, Shore Capital reissued a “buy” rating on shares of Bunzl in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 3,282.50 ($43.29).
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.
Featured Stories
- Five stocks we like better than Bunzl
- 3 Monster Growth Stocks to Buy Now
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- How to Buy Cheap Stocks Step by Step
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- Market Cap Calculator: How to Calculate Market Cap
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for Bunzl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunzl and related companies with MarketBeat.com's FREE daily email newsletter.