Bunzl (LON:BNZL) Stock Rating Reaffirmed by Shore Capital

Bunzl (LON:BNZL)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research report issued on Thursday, Digital Look reports.

Bunzl Price Performance

LON:BNZL opened at GBX 3,064 ($38.87) on Thursday. The company has a market cap of £10.29 billion, a P/E ratio of 1,990.91, a P/E/G ratio of 5.40 and a beta of 0.47. The firm’s fifty day moving average price is GBX 3,031.68 and its two-hundred day moving average price is GBX 3,095.83. Bunzl has a one year low of GBX 2,680 ($34.00) and a one year high of GBX 3,306 ($41.94). The company has a debt-to-equity ratio of 106.68, a current ratio of 1.40 and a quick ratio of 0.73.

Insider Buying and Selling at Bunzl

In related news, insider Frank van Zanten sold 24,244 shares of Bunzl stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of GBX 3,062 ($38.84), for a total transaction of £742,351.28 ($941,711.63). Insiders own 0.84% of the company’s stock.

Bunzl Company Profile

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.