Bunzl plc (LON:BNZL) Insider Frank van Zanten Buys 4,000 Shares of Stock

Bunzl plc (LON:BNZL) insider Frank van Zanten acquired 4,000 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was bought at an average price of GBX 3,037 ($39.14) per share, for a total transaction of £121,480 ($156,546.39).

Bunzl Trading Down 1.0 %

Bunzl stock opened at GBX 3,020 ($38.92) on Friday. Bunzl plc has a one year low of GBX 2,896 ($37.32) and a one year high of GBX 3,732 ($48.09). The company’s fifty day moving average price is GBX 3,349.99 and its two-hundred day moving average price is GBX 3,423.82. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. The company has a market capitalization of £9.88 billion, a price-to-earnings ratio of 20.88, a PEG ratio of 5.40 and a beta of 0.45.

Bunzl (LON:BNZL) last issued its quarterly earnings data on Monday, March 3rd. The company reported GBX 194.30 ($2.50) EPS for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. On average, analysts forecast that Bunzl plc will post 213.3413462 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on BNZL. Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a research note on Thursday, December 19th. Jefferies Financial Group restated an “underperform” rating and issued a GBX 2,800 ($36.08) target price on shares of Bunzl in a research note on Tuesday, December 17th. Citigroup raised Bunzl to a “buy” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. boosted their price target on Bunzl from GBX 3,980 ($51.29) to GBX 4,150 ($53.48) and gave the company an “overweight” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 3,375 ($43.49).

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.