Bunzl plc (LON:BNZL) has earned an average rating of “Hold” from the ten analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 2,306 ($30.13).

A number of equities research analysts recently commented on BNZL shares. Goldman Sachs Group reiterated a “buy” rating on shares of Bunzl in a research report on Tuesday, August 13th. Barclays decreased their target price on Bunzl from GBX 2,550 ($33.32) to GBX 2,400 ($31.36) and set an “overweight” rating on the stock in a research report on Wednesday, August 28th. UBS Group reiterated a “neutral” rating on shares of Bunzl in a research report on Monday, August 26th. Shore Capital reiterated a “buy” rating on shares of Bunzl in a research report on Tuesday, August 27th. Finally, Deutsche Bank reiterated a “buy” rating and issued a GBX 2,380 ($31.10) target price on shares of Bunzl in a research report on Wednesday, August 28th.

Shares of LON:BNZL traded up GBX 26 ($0.34) during mid-day trading on Friday, reaching GBX 2,123 ($27.74). The stock had a trading volume of 759,211 shares, compared to its average volume of 1,290,000. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 155.46. The company has a market cap of $7.15 billion and a P/E ratio of 21.38. Bunzl has a 1 year low of GBX 1,966.50 ($25.70) and a 1 year high of GBX 2,554 ($33.37). The business’s 50 day moving average price is GBX 2,088.29 and its 200 day moving average price is GBX 2,237.52.

The business also recently disclosed a dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 15.50 ($0.20) per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 0.77%. Bunzl’s dividend payout ratio (DPR) is presently 0.51%.

Bunzl Company Profile

Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides non-food consumables, including food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as the leisure sector.

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Analyst Recommendations for Bunzl (LON:BNZL)

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