Bunzl plc (LON:BNZL) Receives Average Recommendation of "Hold" from Analysts

Bunzl plc (LON:BNZL - Get Free Report) has been assigned an average rating of "Hold" from the six analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 3,375 ($45.95).

Separately, Shore Capital reiterated a "buy" rating on shares of Bunzl in a research report on Tuesday, April 29th.

Insider Activity at Bunzl

In other Bunzl news, insider Daniela Barone Soares bought 431 shares of Bunzl stock in a transaction that occurred on Monday, April 28th. The shares were acquired at an average price of GBX 2,307 ($31.41) per share, for a total transaction of £9,943.17 ($13,537.33). Also, insider Richard Howes purchased 8,479 shares of the firm's stock in a transaction that occurred on Wednesday, April 16th. The shares were acquired at an average cost of GBX 2,338 ($31.83) per share, with a total value of £198,239.02 ($269,896.56). Insiders own 0.84% of the company's stock.

Bunzl Price Performance

Bunzl stock traded down GBX 30 ($0.41) during mid-day trading on Thursday, hitting GBX 2,284 ($31.10). 619,485 shares of the company were exchanged, compared to its average volume of 2,051,380. Bunzl has a 12-month low of GBX 2,218 ($30.20) and a 12-month high of GBX 3,732 ($50.81). The company has a market capitalization of £7.47 billion, a P/E ratio of 15.79, a PEG ratio of 5.40 and a beta of 0.45. The business's 50 day simple moving average is GBX 2,475.36 and its two-hundred day simple moving average is GBX 3,009.67. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73.

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.