Bunzl plc (LON:BNZL) Receives Consensus Rating of “Hold” from Brokerages

Bunzl plc (LON:BNZL) has received a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,728.

A number of brokerages have recently commented on BNZL. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 1,900 price target on shares of Bunzl in a research note on Thursday, October 9th. Shore Capital reaffirmed a “buy” rating and issued a GBX 3,040 target price on shares of Bunzl in a research report on Tuesday, August 26th. UBS Group reissued a “sell” rating and set a GBX 2,200 price target on shares of Bunzl in a report on Friday, October 17th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,350 price target on shares of Bunzl in a research note on Wednesday, November 12th.

Bunzl Trading Up 1.7%

Shares of LON:BNZL opened at GBX 2,126 on Friday. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. Bunzl has a 1 year low of GBX 2,072.90 and a 1 year high of GBX 3,622. The company has a market cap of £6.85 billion, a P/E ratio of 14.62, a PEG ratio of 5.40 and a beta of 0.45. The stock’s fifty day moving average price is GBX 2,346.81 and its 200-day moving average price is GBX 2,358.16.

Bunzl (LON:BNZL) last issued its earnings results on Tuesday, August 26th. The company reported GBX 77.80 earnings per share for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. Sell-side analysts expect that Bunzl will post 213.3413462 earnings per share for the current year.

About Bunzl

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.