Jefferies Group LLC cut shares of Bunzl plc (LON:BNZL) to an underperform rating in a research report report published on Thursday. The brokerage currently has GBX 2,000 ($26.90) price target on the stock.

Several other research firms have also recently issued reports on BNZL. HSBC Holdings plc cut Bunzl plc to a hold rating and set a GBX 2,508 ($33.73) price objective for the company. in a research report on Thursday, June 1st. Barclays PLC reissued an overweight rating and set a GBX 2,600 ($34.97) target price (up previously from GBX 2,550 ($34.29)) on shares of Bunzl plc in a research report on Thursday, June 15th. Deutsche Bank AG raised their target price on Bunzl plc from GBX 2,535 ($34.09) to GBX 2,575 ($34.63) and gave the stock a buy rating in a research report on Thursday, June 29th. Shore Capital restated a hold rating on shares of Bunzl plc in a research note on Tuesday, August 29th. Finally, Beaufort Securities restated a hold rating on shares of Bunzl plc in a research note on Wednesday, August 30th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 2,324.30 ($31.26).

Shares of Bunzl plc (LON:BNZL) opened at 2272.00 on Thursday. Bunzl plc has a 1-year low of GBX 1,963.00 and a 1-year high of GBX 2,472.00. The firm has a 50-day moving average price of GBX 2,291.86 and a 200-day moving average price of GBX 2,334.78. The stock’s market capitalization is GBX 7.49 billion.

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The company also recently declared a dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 16th will be paid a dividend of GBX 14 ($0.19) per share. The ex-dividend date is Thursday, November 16th. This represents a yield of 0.61%.

In other news, insider Lloyd Pitchford acquired 3,000 shares of Bunzl plc stock in a transaction on Friday, September 22nd. The stock was bought at an average price of GBX 2,205 ($29.65) per share, for a total transaction of £66,150 ($88,959.12).

About Bunzl plc

Analyst Recommendations for Bunzl plc (LON:BNZL)

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