Bunzl plc (LON:BNZL)‘s stock had its “neutral” rating reaffirmed by research analysts at BNP Paribas in a report released on Monday. They presently have a GBX 2,200 ($27.17) price objective on the stock. BNP Paribas’ target price would suggest a potential downside of 5.78% from the company’s previous close.

Several other analysts also recently weighed in on BNZL. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 2,505 ($30.94) target price on shares of Bunzl plc in a report on Thursday, November 24th. Goldman Sachs Group Inc reaffirmed a “neutral” rating and issued a GBX 2,200 ($27.17) target price on shares of Bunzl plc in a report on Wednesday, December 7th. Deutsche Bank AG lowered their target price on shares of Bunzl plc from GBX 2,520 ($31.12) to GBX 2,450 ($30.26) and set a “buy” rating on the stock in a report on Monday, December 12th. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a report on Thursday, December 15th. Finally, Beaufort Securities reaffirmed a “hold” rating on shares of Bunzl plc in a report on Friday, December 16th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 2,308.08 ($28.51).

Analyst Recommendations for Bunzl plc (LON:BNZL)

Shares of Bunzl plc (LON:BNZL) traded up 0.43% during mid-day trading on Monday, reaching GBX 2335.00. 592,027 shares of the company traded hands. Bunzl plc has a 52 week low of GBX 1,949.50 and a 52 week high of GBX 2,587.89. The stock’s 50-day moving average is GBX 2,215.81 and its 200-day moving average is GBX 2,178.99. The company’s market capitalization is GBX 7.68 billion.

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The business also recently disclosed a dividend, which will be paid on Monday, July 3rd. Investors of record on Thursday, May 25th will be paid a GBX 29 ($0.36) dividend. This is a boost from Bunzl plc’s previous dividend of $13.00. The ex-dividend date is Thursday, May 25th. This represents a dividend yield of 1.29%.

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In related news, insider Patrick Larmon acquired 160 shares of Bunzl plc stock in a transaction that occurred on Tuesday, January 31st. The stock was purchased at an average price of GBX 2,250 ($27.79) per share, for a total transaction of £3,600 ($4,446.09). Also, insider Frank van Zanten sold 4,935 shares of the firm’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of GBX 2,309 ($28.52), for a total transaction of £113,949.15 ($140,730.09).

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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