Berenberg Bank assumed coverage on shares of Bunzl plc (LON:BNZL) in a research note released on Friday. The firm issued a hold rating and a GBX 2,250 ($29.59) price objective on the stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG reiterated a buy rating and issued a GBX 2,575 ($33.87) price target on shares of Bunzl plc in a research note on Friday, July 21st. Shore Capital reiterated a buy rating on shares of Bunzl plc in a research note on Monday, November 13th. Beaufort Securities restated a hold rating on shares of Bunzl plc in a research note on Wednesday, August 30th. Finally, J P Morgan Chase & Co upped their target price on Bunzl plc from GBX 2,505 ($32.95) to GBX 2,516 ($33.09) and gave the stock a neutral rating in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Bunzl plc presently has a consensus rating of Hold and a consensus price target of GBX 2,321.40 ($30.53).

Shares of Bunzl plc (BNZL) opened at GBX 2,190 ($28.80) on Friday. Bunzl plc has a 12 month low of GBX 1,963 ($25.82) and a 12 month high of GBX 2,472 ($32.51).

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The business also recently declared a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, November 16th will be issued a dividend of GBX 14 ($0.18) per share. The ex-dividend date is Thursday, November 16th. This represents a dividend yield of 0.61%.

In related news, insider Lloyd Pitchford purchased 3,000 shares of the stock in a transaction dated Friday, September 22nd. The stock was bought at an average cost of GBX 2,205 ($29.00) per share, for a total transaction of £66,150 ($87,005.13). Also, insider Brian May sold 9,670 shares of the company’s stock in a transaction on Friday, October 6th. The stock was sold at an average price of GBX 2,303 ($30.29), for a total transaction of £222,700.10 ($292,910.82).

About Bunzl plc

Analyst Recommendations for Bunzl plc (LON:BNZL)

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