Shore Capital reaffirmed their hold rating on shares of Bunzl plc (LON:BNZL) in a research report report published on Tuesday, August 29th, MarketBeat.com reports.
A number of other research firms also recently commented on BNZL. Jefferies Group LLC downgraded shares of Bunzl plc to an underperform rating and dropped their target price for the stock from GBX 2,230 ($28.80) to GBX 1,950 ($25.18) in a report on Monday, May 22nd. HSBC Holdings plc downgraded shares of Bunzl plc to a hold rating and set a GBX 2,508 ($32.39) target price on the stock. in a report on Thursday, June 1st. Barclays PLC reiterated an overweight rating and issued a GBX 2,600 ($33.58) target price (up from GBX 2,550 ($32.93)) on shares of Bunzl plc in a report on Thursday, June 15th. Deutsche Bank AG boosted their price target on shares of Bunzl plc from GBX 2,535 ($32.74) to GBX 2,575 ($33.26) and gave the company a buy rating in a report on Thursday, June 29th. Finally, J P Morgan Chase & Co restated a neutral rating and set a GBX 2,505 ($32.35) price target on shares of Bunzl plc in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. Bunzl plc currently has a consensus rating of Hold and a consensus target price of GBX 2,324.30 ($30.02).
Shares of Bunzl plc (LON:BNZL) traded down 0.84% during trading on Tuesday, reaching GBX 2235.00. The company had a trading volume of 1,063,325 shares. The firm’s market capitalization is GBX 7.36 billion. The firm has a 50-day moving average of GBX 2,294.68 and a 200 day moving average of GBX 2,334.99. Bunzl plc has a 1-year low of GBX 1,963.00 and a 1-year high of GBX 2,472.00.
The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Thursday, November 16th will be given a GBX 14 ($0.18) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, November 16th.
Bunzl plc Company Profile
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