Key Points
- Insider sale: Bunzl insider Frank van Zanten sold 15,000 shares on May 8 at an average price of GBX 2,394, totaling about £359,100.
- Stock and valuation context: Bunzl shares opened at GBX 2,394, near the top of their 52-week range of GBX 1,981 to GBX 2,609.33, with a market cap of £7.69 billion and a P/E ratio of 16.99.
- Analyst sentiment remains cautious: The stock has a consensus rating of “Reduce” with an average target price of GBX 2,338, as recent analyst notes included an underperform, a hold, and a sector perform rating.
Bunzl plc (LON:BNZL - Get Free Report) insider Frank van Zanten sold 15,000 shares of Bunzl stock in a transaction on Friday, May 8th. The stock was sold at an average price of GBX 2,394, for a total value of £359,100.
Bunzl Stock Performance
Shares of BNZL opened at GBX 2,394 on Friday. The company has a debt-to-equity ratio of 103.81, a current ratio of 1.39 and a quick ratio of 0.73. Bunzl plc has a one year low of GBX 1,981 and a one year high of GBX 2,609.33. The firm has a market capitalization of £7.69 billion, a P/E ratio of 16.99, a PEG ratio of 5.40 and a beta of 0.32. The business has a fifty day moving average of GBX 2,287.91 and a 200 day moving average of GBX 2,200.68.
Bunzl (LON:BNZL - Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The company reported GBX 179.30 EPS for the quarter. Bunzl had a return on equity of 17.21% and a net margin of 5.12%. As a group, sell-side analysts anticipate that Bunzl plc will post 213.3413462 EPS for the current year.
Analyst Upgrades and Downgrades
BNZL has been the topic of several analyst reports. Jefferies Financial Group reiterated an "underperform" rating and set a GBX 1,900 target price on shares of Bunzl in a research report on Wednesday, April 22nd. Stifel Nicolaus reiterated a "hold" rating and set a GBX 2,350 target price on shares of Bunzl in a research report on Wednesday, April 22nd. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a GBX 2,200 target price on shares of Bunzl in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of GBX 2,338.
Check Out Our Latest Report on Bunzl
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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