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

Shares of Bunzl plc (LON:BNZL) have earned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 3,375 ($42.89).

Several equities analysts have issued reports on the company. Citigroup raised Bunzl to a “buy” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. boosted their price target on Bunzl from GBX 3,980 ($50.58) to GBX 4,150 ($52.74) and gave the company an “overweight” rating in a research note on Thursday, December 5th. Shore Capital reissued a “buy” rating on shares of Bunzl in a research note on Thursday, December 19th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 2,800 ($35.58) price target on shares of Bunzl in a research note on Tuesday, December 17th.

Bunzl Price Performance

Bunzl stock opened at GBX 3,074 ($39.06) on Tuesday. The stock’s 50 day moving average is GBX 3,364.95 and its 200 day moving average is GBX 3,427.29. 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 firm has a market cap of £10.05 billion, a P/E ratio of 21.25, a P/E/G ratio of 5.40 and a beta of 0.45. Bunzl has a one year low of GBX 2,896 ($36.80) and a one year high of GBX 3,732 ($47.43).

Bunzl (LON:BNZL) last issued its quarterly earnings results on Monday, March 3rd. The company reported GBX 194.30 ($2.47) earnings per share (EPS) for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. As a group, research analysts expect that Bunzl will post 213.3413462 EPS for the current year.

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.