Bunzl plc (LON:BNZL)‘s stock had its “neutral” rating reissued by BNP Paribas in a report released on Monday. They presently have a GBX 2,400 ($29.70) price objective on the stock. BNP Paribas’ target price would indicate a potential upside of 3.90% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 2,520 ($31.19) target price on shares of Bunzl plc in a report on Wednesday, August 31st. HSBC cut Bunzl plc to a “hold” rating and raised their target price for the stock from GBX 2,140 ($26.49) to GBX 2,400 ($29.70) in a report on Friday, September 9th. Royal Bank Of Canada raised their target price on Bunzl plc from GBX 1,700 ($21.04) to GBX 1,950 ($24.13) and gave the stock an “underperform” rating in a report on Tuesday, September 6th. Barclays PLC raised their target price on Bunzl plc from GBX 2,000 ($24.75) to GBX 2,450 ($30.32) and gave the stock an “equal weight” rating in a report on Wednesday, August 17th. Finally, Canaccord Genuity raised their target price on Bunzl plc from GBX 1,930 ($23.89) to GBX 2,200 ($27.23) and gave the stock a “hold” rating in a report on Monday, July 4th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 2,249.73 ($27.84).

Analyst Recommendations for Bunzl plc (LON:BNZL)

Shares of Bunzl plc (LON:BNZL) opened at 2311.00 on Monday. The firm’s 50-day moving average price is GBX 2,329.89 and its 200 day moving average price is GBX 2,205.69. Bunzl plc has a 52 week low of GBX 1,722.00 and a 52 week high of GBX 2,587.89. The company’s market cap is GBX 7.62 billion.

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The company also recently disclosed a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, November 17th will be given a dividend of GBX 13 ($0.16) per share. The ex-dividend date is Thursday, November 17th. This represents a dividend yield of 0.55%.

In other news, insider van Zanten,Frank acquired 899 shares of the business’s stock in a transaction dated Tuesday, September 20th. The stock was purchased at an average price of GBX 992 ($12.28) per share, for a total transaction of £8,918.08 ($11,037.23). Also, insider Patrick Larmon sold 18,081 shares of the firm’s stock in a transaction dated Friday, October 7th. The shares were sold at an average price of GBX 2,342 ($28.99), for a total value of £423,457.02 ($524,080.47).

About Bunzl plc

Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.

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