Bunzl plc (LON:BNZL) Given Consensus Rating of “Hold” by Analysts

Shares of Bunzl plc (LON:BNZL) have earned an average rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 3,375 ($45.80).

Separately, Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a research report on Tuesday, April 29th.

Insiders Place Their Bets

In other Bunzl news, insider Daniela Barone Soares purchased 431 shares of the company’s stock in a transaction dated Monday, April 28th. The stock was purchased at an average price of GBX 2,307 ($31.31) per share, for a total transaction of £9,943.17 ($13,493.24). Also, insider Richard Howes purchased 8,479 shares of the company’s stock in a transaction dated Wednesday, April 16th. The shares were acquired at an average price of GBX 2,338 ($31.73) per share, with a total value of £198,239.02 ($269,017.53). 0.84% of the stock is owned by corporate insiders.

Bunzl Price Performance

Shares of BNZL opened at GBX 2,302 ($31.24) on Thursday. The firm has a market cap of £7.53 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. Bunzl has a 52-week low of GBX 2,218 ($30.10) and a 52-week high of GBX 3,732 ($50.64). The business’s 50 day moving average price is GBX 2,449.40 and its two-hundred day moving average price is GBX 2,992.74. The company has a debt-to-equity ratio of 123.00, a quick ratio of 0.73 and a current ratio of 1.15.

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.