Jacky Simmonds Buys 2,200 Shares of Bunzl plc (LON:BNZL) Stock

Bunzl plc (LON:BNZL) insider Jacky Simmonds bought 2,200 shares of the firm’s stock in a transaction on Monday, June 23rd. The stock was purchased at an average cost of GBX 2,328 ($31.52) per share, with a total value of £51,216 ($69,342.00).

Bunzl Stock Performance

Shares of BNZL stock opened at GBX 2,350 ($31.82) on Tuesday. The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 123.00. Bunzl plc has a 52-week low of GBX 2,210 ($29.92) and a 52-week high of GBX 3,732 ($50.53). The business has a 50-day simple moving average of GBX 2,378.62 and a 200-day simple moving average of GBX 2,947.86. The stock has a market cap of £7.69 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Bunzl in a research note on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 3,375 ($45.69).

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.