Brokerages Set Bunzl plc (LON:BNZL) PT at GBX 3,375

Bunzl plc (LON:BNZL) has earned a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 3,375 ($42.42).

A number of research firms have issued reports on BNZL. JPMorgan Chase & Co. increased their target price on Bunzl from GBX 3,980 ($50.02) to GBX 4,150 ($52.16) and gave the stock an “overweight” rating in a report on Thursday, December 5th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 2,800 ($35.19) target price on shares of Bunzl in a report on Tuesday, December 17th. Citigroup upgraded Bunzl to a “buy” rating in a report on Monday, January 13th. Finally, Shore Capital reiterated a “buy” rating on shares of Bunzl in a report on Thursday, December 19th.

Bunzl Price Performance

BNZL opened at GBX 3,442 ($43.26) 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. Bunzl has a 12 month low of GBX 2,896 ($36.40) and a 12 month high of GBX 3,732 ($46.90). The company has a fifty day simple moving average of GBX 3,386.83 and a 200 day simple moving average of GBX 3,414.14. The stock has a market cap of £11.26 billion, a P/E ratio of 23.79, a P/E/G ratio of 5.40 and a beta of 0.45.

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.