Bunzl plc (LON:BNZL) Receives Average Recommendation of “Hold” from Analysts

Bunzl plc (LON:BNZL) has received a consensus rating of “Hold” from the six analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 2,728.

Several research analysts recently commented on BNZL shares. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 1,900 price objective on shares of Bunzl in a research note on Thursday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,350 price target on shares of Bunzl in a research note on Thursday. UBS Group restated a “sell” rating and set a GBX 2,200 price target on shares of Bunzl in a research note on Friday, August 15th. Finally, Shore Capital restated a “buy” rating and set a GBX 3,040 price target on shares of Bunzl in a research note on Tuesday, August 26th.

Bunzl Trading Up 0.5%

LON BNZL opened at GBX 2,436 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 123.00. The firm has a market cap of £7.87 billion, a PE ratio of 1,675.38, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. The company has a 50 day moving average price of GBX 2,407.93 and a 200 day moving average price of GBX 2,439.89. Bunzl has a 52 week low of GBX 2,210 and a 52 week high of GBX 3,634.

Bunzl (LON:BNZL) last posted its quarterly earnings data on Tuesday, August 26th. The company reported GBX 77.80 EPS for the quarter. Bunzl had a net margin of 4.20% and a return on equity of 16.82%. As a group, sell-side analysts forecast that Bunzl will post 213.3413462 EPS for the current fiscal year.

Bunzl Company Profile

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.