Brokerages Set Bunzl plc (LON:BNZL) PT at GBX 3,375

Shares of Bunzl plc (LON:BNZL) have earned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 3,375 ($42.02).

A number of equities analysts have recently commented on the company. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 2,800 ($34.86) target price on shares of Bunzl in a report on Tuesday, December 17th. Citigroup raised shares of Bunzl to a “buy” rating in a research note on Monday, January 13th. Shore Capital restated a “buy” rating on shares of Bunzl in a report on Thursday, December 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bunzl from GBX 3,980 ($49.56) to GBX 4,150 ($51.67) and gave the stock an “overweight” rating in a research note on Thursday, December 5th.

Bunzl Trading Up 0.8 %

BNZL opened at GBX 3,430 ($42.71) on Friday. The firm has a market cap of £11.46 billion, a P/E ratio of 2,365.52, a P/E/G ratio of 5.40 and a beta of 0.45. Bunzl has a 12 month low of GBX 2,896 ($36.06) and a 12 month high of GBX 3,732 ($46.47). The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00. The stock has a 50-day moving average of GBX 3,393.57 and a 200 day moving average of GBX 3,412.32.

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.