Bunzl plc (BNZL) Given Neutral Rating at BNP Paribas
BNP Paribas reiterated their neutral rating on shares of Bunzl plc (LON:BNZL) in a research note published on Monday morning. BNP Paribas currently has a GBX 2,400 ($29.25) price objective on the stock.
Other analysts have also issued reports about the stock. Beaufort Securities reiterated a buy rating on shares of Bunzl plc in a research report on Thursday, June 30th. Deutsche Bank AG reiterated a buy rating and set a GBX 2,100 ($25.59) target price on shares of Bunzl plc in a research report on Thursday, June 30th. Barclays PLC decreased their target price on shares of Bunzl plc from GBX 1,900 ($23.16) to GBX 1,850 ($22.55) and set an equal weight rating on the stock in a research report on Thursday, August 25th. Finally, Shore Capital reiterated a hold rating on shares of Bunzl plc in a research report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 2,249.73 ($27.42).
Bunzl plc (LON:BNZL) opened at 2299.72 on Monday. Bunzl plc has a 1-year low of GBX 1,722.00 and a 1-year high of GBX 2,587.89. The company’s 50 day moving average is GBX 2,324.67 and its 200-day moving average is GBX 2,210.51. The firm’s market cap is GBX 7.59 billion.
The firm also recently declared a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, November 17th will be paid a dividend of GBX 13 ($0.16) per share. This represents a dividend yield of 0.55%. The ex-dividend date is Thursday, November 17th.
In other Bunzl plc news, insider van Zanten,Frank purchased 899 shares of the company’s stock in a transaction that occurred on Tuesday, September 20th. The stock was acquired at an average cost of GBX 992 ($12.09) per share, with a total value of £8,918.08 ($10,869.08). Also, insider Patrick Larmon sold 18,081 shares of the business’s stock in a transaction that occurred on Friday, October 7th. The stock was sold at an average price of GBX 2,342 ($28.54), for a total transaction of £423,457.02 ($516,096.31).
About Bunzl plc
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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