Key Points
- Insider sale: Bunzl insider Frank van Zanten sold 368 shares at an average price of GBX 2,662, for total proceeds of approximately £9,796.
- Stock and financial performance: BNZL opened at GBX 2,649.40, with an £8.51 billion market capitalization, a P/E ratio of 17.55, and a 52-week trading range of GBX 1,981 to GBX 2,898. Bunzl reported quarterly EPS of GBX 65.70, a 4.82% net margin, and a 20.61% return on equity.
- Analyst outlook: Broker views remain mixed, with two Buy, three Hold, and two Sell ratings, resulting in a consensus rating of Hold. Recent price targets ranged from GBX 1,900 to GBX 3,000.
Bunzl plc (LON:BNZL - Get Free Report) insider Frank van Zanten sold 368 shares of Bunzl stock in a transaction that occurred on Monday, September 7th. The shares were sold at an average price of GBX 2,662, for a total transaction of £9,796.16.
Bunzl Stock Performance
Shares of BNZL stock opened at GBX 2,649.40 on Tuesday. The stock has a market cap of £8.51 billion, a PE ratio of 17.55, a P/E/G ratio of 5.40 and a beta of 0.32. The company has a debt-to-equity ratio of 95.61, a quick ratio of 0.73 and a current ratio of 1.38. Bunzl plc has a 1 year low of GBX 1,981 and a 1 year high of GBX 2,898. The stock has a fifty day moving average price of GBX 2,744.15 and a 200 day moving average price of GBX 2,485.96.
Bunzl (LON:BNZL - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The company reported GBX 65.70 EPS for the quarter. Bunzl had a net margin of 4.82% and a return on equity of 20.61%. Sell-side analysts forecast that Bunzl plc will post 213.3413462 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages recently issued reports on BNZL. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 3,000 target price on shares of Bunzl in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. boosted their target price on Bunzl from GBX 2,610 to GBX 2,800 and gave the stock an "overweight" rating in a report on Wednesday, September 2nd. Jefferies Financial Group reiterated an "underperform" rating and issued a GBX 1,900 price target on shares of Bunzl in a report on Tuesday, September 1st. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,600 price objective on shares of Bunzl in a research report on Tuesday, September 1st. Finally, Citigroup lifted their target price on Bunzl from £280 to £300 and gave the stock a "buy" rating in a research report on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of GBX 6,407.14.
Check Out Our Latest Analysis 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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
