Key Points
- Insider Frank van Zanten purchased 34,946 Bunzl shares at GBX 2,630 each, totaling approximately £919,080. He had previously sold 368 shares for £9,796.
- Bunzl shares opened at GBX 2,638, with the company valued at approximately £8.47 billion. The company recently reported quarterly EPS of GBX 65.70, a 4.82% net margin, and a 20.61% return on equity.
- Analyst sentiment remains mixed, with two Buy, three Hold, and two Sell ratings, resulting in a consensus rating of Hold.
Bunzl plc (LON:BNZL - Get Free Report) insider Frank van Zanten purchased 34,946 shares of the company's stock in a transaction on Thursday, September 17th. The stock was bought at an average price of GBX 2,630 per share, for a total transaction of £919,079.80.
Frank van Zanten also recently made the following trade(s):
- On Monday, September 7th, Frank van Zanten sold 368 shares of Bunzl stock. The stock was sold at an average price of GBX 2,662, for a total transaction of £9,796.16.
Bunzl Stock Up 1.5%
Shares of LON:BNZL opened at GBX 2,638 on Friday. The firm has a 50 day simple moving average of GBX 2,737.05 and a 200-day simple moving average of GBX 2,512.23. Bunzl plc has a twelve month low of GBX 1,981 and a twelve month high of GBX 2,898. The company has a current ratio of 1.38, a quick ratio of 0.73 and a debt-to-equity ratio of 95.61. The company has a market capitalization of £8.47 billion, a PE ratio of 17.47, a P/E/G ratio of 5.40 and a beta of 0.32.
Bunzl (LON:BNZL - Get Free Report) last posted its earnings results 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%. On average, equities analysts predict that Bunzl plc will post 213.3413462 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have issued reports on BNZL shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 3,000 price objective on shares of Bunzl in a report on Wednesday, September 2nd. Citigroup upped their target price on Bunzl from £280 to £300 and gave the company a "buy" rating in a research report on Thursday, June 25th. Jefferies Financial Group restated an "underperform" rating and set a GBX 1,900 price target on shares of Bunzl in a research note on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price target on Bunzl from GBX 2,610 to GBX 2,800 and gave the stock an "overweight" rating in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 2,600 price target on shares of Bunzl in a research report on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of GBX 6,407.14.
Check Out Our Latest Research Report on BNZL
Bunzl Company Profile
(
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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