Key Points
- Insider purchase: Richard Howes bought 8,267 Bunzl shares on March 16 at an average price of GBX 2,299, totalling about £190,058.33.
- Analyst sentiment: MarketBeat shows a consensus rating of "Reduce" with a consensus price target of GBX 2,335; Royal Bank of Canada reaffirmed "sector perform" with a GBX 2,200 target and analysts' split is 1 Buy, 1 Hold, 2 Sell.
- Stock and fundamentals: Shares opened at GBX 2,302 (up ~1.4%), market cap ~£7.42bn, P/E ~15.8, and last quarter EPS was GBX 179.30.
Bunzl plc (LON:BNZL - Get Free Report) insider Richard Howes bought 8,267 shares of Bunzl stock in a transaction on Monday, March 16th. The shares were bought at an average cost of GBX 2,299 per share, with a total value of £190,058.33.
Bunzl Trading Up 1.4%
Shares of Bunzl stock opened at GBX 2,302 on Wednesday. The company's 50-day moving average price is GBX 2,131.03 and its 200-day moving average price is GBX 2,234.86. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 103.81. Bunzl plc has a 12-month low of GBX 1,981 and a 12-month high of GBX 3,096. The company has a market cap of £7.42 billion, a price-to-earnings ratio of 15.83, a PEG ratio of 5.40 and a beta of 0.35.
Bunzl (LON:BNZL - Get Free Report) last posted its earnings results on Monday, March 2nd. The company reported GBX 179.30 earnings per share for the quarter. Bunzl had a net margin of 3.88% and a return on equity of 17.21%. On average, equities analysts expect that Bunzl plc will post 213.3413462 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,200 price target on shares of Bunzl in a report on Tuesday, March 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Bunzl has a consensus rating of "Reduce" and a consensus price target of GBX 2,335.
Check Out Our Latest Research Report on BNZL
About Bunzl
(
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. It also provides food packaging, disposable tableware, guest amenities, catering equipment, agricultural supplies, cleaning and hygiene products, and safety items to hotels, restaurants, contract caterers, food processors, commercial growers, and the leisure sector; and gloves, boots, hard hats, ear and eye protection, and other workwear, as well as cleaning and hygiene supplies, and asset protection products to industrial and construction, and ecommerce sectors.
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