Bunzl plc (BNZL) Insider Sells £423,457.02 in Stock
Bunzl plc (LON:BNZL) insider Patrick Larmon sold 18,081 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The shares were sold at an average price of GBX 2,342 ($28.99), for a total value of £423,457.02 ($524,080.47).
Bunzl plc (LON:BNZL) opened at 2323.00 on Wednesday. The stock’s market capitalization is GBX 7.66 billion. Bunzl plc has a 52-week low of GBX 1,722.00 and a 52-week high of GBX 2,587.89. The company’s 50-day moving average price is GBX 2,336.65 and its 200 day moving average price is GBX 2,203.36.
The company also recently declared a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, November 17th will be paid a dividend of GBX 13 ($0.16) per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a dividend yield of 0.55%.
A number of research firms recently weighed in on BNZL. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 2,000 ($24.75) price objective on shares of Bunzl plc in a research report on Thursday, June 30th. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 1,700 ($21.04) target price on shares of Bunzl plc in a report on Thursday, June 30th. BNP Paribas reissued a “neutral” rating and issued a GBX 2,350 ($29.08) target price on shares of Bunzl plc in a report on Monday, July 11th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 2,100 ($25.99) target price on shares of Bunzl plc in a report on Thursday, June 30th. Finally, JPMorgan Chase & Co. lifted their target price on Bunzl plc from GBX 2,136 ($26.44) to GBX 2,170 ($26.86) and gave the stock a “neutral” rating in a report on Thursday, June 30th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 2,243.07 ($27.76).
Bunzl plc Company Profile
Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.
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