Shares of Bunzl plc (LON:BNZL - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 2,218 ($29.83) and last traded at GBX 2,230.87 ($30.00), with a volume of 1944934 shares trading hands. The stock had previously closed at GBX 2,302 ($30.96).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "buy" rating on shares of Bunzl in a report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of GBX 3,375 ($45.39).
Read Our Latest Report on BNZL
Bunzl Trading Down 0.2%
The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 123.00. The firm has a 50 day moving average price of GBX 2,393.26 and a 200 day moving average price of GBX 2,961.04. The stock has a market capitalization of £7.35 billion, a PE ratio of 15.54, a P/E/G ratio of 5.40 and a beta of 0.45.
Insiders Place Their Bets
In other news, insider Richard Howes acquired 4,471 shares of Bunzl stock in a transaction on Wednesday, June 18th. The stock was acquired at an average cost of GBX 2,219 ($29.84) per share, with a total value of £99,211.49 ($133,420.51). Also, insider Daniela Barone Soares bought 431 shares of the firm's stock in a transaction on Monday, April 28th. The stock was purchased at an average cost of GBX 2,307 ($31.02) per share, with a total value of £9,943.17 ($13,371.66). Insiders have bought 13,381 shares of company stock valued at $30,739,368 in the last three months. 0.84% of the stock is currently owned by insiders.
Bunzl Company Profile
(
Get Free Report)
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 Articles
Before you consider Bunzl, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bunzl wasn't on the list.
While Bunzl currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
