Bunzl plc (LON:BNZL) Given Consensus Recommendation of “Hold” by Brokerages

Bunzl plc (LON:BNZL) has received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 3,375 ($42.02).

A number of research analysts have weighed in on BNZL shares. Citigroup upgraded shares of Bunzl to a “buy” rating in a research report on Monday, January 13th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 2,800 ($34.86) target price on shares of Bunzl in a research note on Tuesday, December 17th. Shore Capital reissued a “buy” rating on shares of Bunzl in a research report on Thursday, December 19th. Finally, JPMorgan Chase & Co. raised their price objective on Bunzl from GBX 3,980 ($49.56) to GBX 4,150 ($51.67) and gave the stock an “overweight” rating in a research report on Thursday, December 5th.

Bunzl Stock Up 0.8 %

Shares of BNZL stock opened at GBX 3,430 ($42.71) on Friday. The stock has a 50 day moving average of GBX 3,393.57 and a 200 day moving average of GBX 3,412.32. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00. The stock has a market cap of £11.46 billion, a P/E ratio of 2,365.52, a P/E/G ratio of 5.40 and a beta of 0.45. Bunzl has a twelve month low of GBX 2,896 ($36.06) and a twelve month high of GBX 3,732 ($46.47).

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.