Bunzl plc (LON:BNZL) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Bunzl plc has received a consensus rating of "Hold" from six research firms, with two analysts issuing sell ratings, three buy ratings, and one hold rating.
• The average target price among brokerages for Bunzl's stock is GBX 2,908, with a recent price opening at GBX 2,490.
• In its latest earnings report, Bunzl reported earnings per share (EPS) of GBX 77.80 and a net margin of 4.20%.

Bunzl plc (LON:BNZL - Get Free Report) has received an average recommendation of "Hold" from the six research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,908.

A number of research firms recently issued reports on BNZL. Shore Capital reissued a "buy" rating and set a GBX 3,040 target price on shares of Bunzl in a research report on Tuesday, August 26th. UBS Group reaffirmed a "sell" rating and issued a GBX 2,200 price objective on shares of Bunzl in a research report on Friday, August 15th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,350 price objective on shares of Bunzl in a research report on Tuesday, August 26th.

Bunzl Stock Up 4.4%

BNZL opened at GBX 2,490 on Friday. The firm has a 50 day moving average price of GBX 2,391.61 and a 200 day moving average price of GBX 2,458.69. The company has a market cap of £8.09 billion, a PE ratio of 1,712.52, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. Bunzl has a 1 year low of GBX 2,210 and a 1 year high of GBX 3,634. 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 (LON:BNZL - Get Free Report) last posted its earnings results on Tuesday, August 26th. The company reported GBX 77.80 earnings per share (EPS) for the quarter. Bunzl had a net margin of 4.20% and a return on equity of 16.82%. Sell-side analysts expect that Bunzl will post 213.3413462 earnings per share for the current year.

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.

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