JPMorgan Chase & Co. reissued their neutral rating on shares of Bunzl plc (LON:BNZL) in a report published on Tuesday. They currently have a GBX 2,384 ($31.75) price objective on the stock.

BNZL has been the subject of a number of other research reports. HSBC lowered Bunzl plc to a hold rating and upped their target price for the stock from GBX 2,140 ($28.50) to GBX 2,400 ($31.97) in a report on Friday, September 9th. Canaccord Genuity upped their target price on Bunzl plc from GBX 1,930 ($25.71) to GBX 2,200 ($29.30) and gave the stock a hold rating in a report on Monday, July 4th. Deutsche Bank AG restated a buy rating and set a GBX 2,520 ($33.56) target price on shares of Bunzl plc in a report on Wednesday, August 31st. Goldman Sachs Group Inc. lowered Bunzl plc to a neutral rating and set a GBX 2,100 ($27.97) target price for the company. in a report on Monday, June 27th. Finally, BNP Paribas restated a neutral rating and set a GBX 2,350 ($31.30) target price on shares of Bunzl plc in a report on Monday, August 22nd. One analyst has rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 2,243.07 ($29.88).

Shares of Bunzl plc (LON:BNZL) opened at 2310.00 on Tuesday. The company’s market cap is GBX 7.62 billion. The firm’s 50-day moving average price is GBX 2,367.27 and its 200 day moving average price is GBX 2,159.45. Bunzl plc has a 12-month low of GBX 1,700.00 and a 12-month high of GBX 2,587.89.

The company also recently announced a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, November 17th will be paid a GBX 13 ($0.17) dividend. The ex-dividend date of this dividend is Thursday, November 17th. This represents a yield of 0.55%.

In related news, insider Paul Budge,Charles sold 17,000 shares of the firm’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of GBX 2,287 ($30.46), for a total value of £388,790 ($517,834.31). Also, insider May,Brian bought 27,500 shares of Bunzl plc stock in a transaction that occurred on Wednesday, June 29th. The stock was purchased at an average price of GBX 1,240 ($16.52) per share, with a total value of £341,000 ($454,182.21).

Bunzl plc Company Profile

Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.

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