Bunzl plc (BNZL) Earns Buy Rating from Shore Capital
Bunzl plc (LON:BNZL)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a note issued to investors on Thursday.
A number of other equities analysts have also commented on the stock. Berenberg Bank began coverage on shares of Bunzl plc in a research report on Friday, November 17th. They set a “hold” rating and a GBX 2,250 ($29.59) price target on the stock. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,540 ($33.41) price target on shares of Bunzl plc in a research report on Thursday, November 16th. J P Morgan Chase & Co raised their price target on shares of Bunzl plc from GBX 2,505 ($32.95) to GBX 2,516 ($33.09) and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Jefferies Group LLC lowered shares of Bunzl plc to an “underperform” rating and set a GBX 2,000 ($26.31) price target on the stock. in a research report on Thursday, September 28th. Finally, Beaufort Securities reaffirmed a “hold” rating on shares of Bunzl plc in a research report on Wednesday, August 30th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 2,321.40 ($30.53).
Bunzl plc (LON:BNZL) opened at GBX 2,156.10 ($28.36) on Thursday. Bunzl plc has a 1 year low of GBX 1,996 ($26.25) and a 1 year high of GBX 2,472 ($32.51).
In related news, insider Brian May sold 9,670 shares of Bunzl plc stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of GBX 2,303 ($30.29), for a total transaction of £222,700.10 ($292,910.82). Also, insider Charles Paul Budge sold 16,400 shares of Bunzl plc stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of GBX 2,301 ($30.26), for a total transaction of £377,364 ($496,335.66).
Bunzl plc Company Profile
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