Bunzl (BNZL) Shares Down 0%
Bunzl plc (LON:BNZL) traded down 0% during trading on Friday . The stock traded as low as GBX 2,074 ($27.78) and last traded at GBX 2,074 ($27.78). 1,057,239 shares traded hands during trading, an increase of 1% from the average session volume of 1,050,000 shares. The stock had previously closed at GBX 2,074 ($27.78).
Several equities research analysts have recently commented on the company. Shore Capital restated a “buy” rating on shares of Bunzl in a report on Thursday, November 23rd. Berenberg Bank assumed coverage on Bunzl in a report on Friday, November 17th. They set a “hold” rating and a GBX 2,250 ($30.13) price objective for the company. Deutsche Bank restated a “buy” rating and set a GBX 2,540 ($34.02) price objective on shares of Bunzl in a report on Thursday, November 16th. J P Morgan Chase & Co boosted their price objective on Bunzl from GBX 2,505 ($33.55) to GBX 2,516 ($33.69) and gave the company a “neutral” rating in a report on Wednesday, October 25th. Finally, Jefferies Group downgraded Bunzl to an “underperform” rating and set a GBX 2,000 ($26.78) price objective for the company. in a report on Thursday, September 28th. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 2,321.40 ($31.09).
In other Bunzl news, 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 ($30.84), for a total value of £222,700.10 ($298,245.75). Also, insider Lloyd Pitchford acquired 3,000 shares of Bunzl stock in a transaction on Friday, September 22nd. The stock was acquired at an average price of GBX 2,205 ($29.53) per share, with a total value of £66,150 ($88,589.80).
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