Insider Buying: Bunzl plc (LON:BNZL) Insider Buys 2,200 Shares of Stock

Bunzl plc (LON:BNZL) insider Jacky Simmonds purchased 2,200 shares of the company’s stock in a transaction dated Monday, June 23rd. The shares were purchased at an average cost of GBX 2,328 ($31.81) per share, for a total transaction of £51,216 ($69,976.77).

Bunzl Stock Down 0.2%

Shares of LON BNZL opened at GBX 2,324 ($31.75) on Thursday. Bunzl plc has a one year low of GBX 2,210 ($30.20) and a one year high of GBX 3,732 ($50.99). 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 business’s fifty day moving average price is GBX 2,363.55 and its 200-day moving average price is GBX 2,930.17. The stock has a market capitalization of £7.60 billion, a PE ratio of 16.07, a P/E/G ratio of 5.40 and a beta of 0.45.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 3,375 ($46.11).

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.