Shares of Bunzl plc (LON:BNZL) have been assigned a consensus recommendation of “Hold” from the twelve brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,318.80 ($29.49).

A number of research firms recently weighed in on BNZL. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,600 ($33.07) target price (up previously from GBX 2,550 ($32.43)) on shares of Bunzl plc in a research report on Thursday, June 15th. HSBC Holdings plc downgraded shares of Bunzl plc to a “hold” rating and set a GBX 2,508 ($31.90) price objective for the company. in a research report on Thursday, June 1st. Jefferies Group LLC downgraded shares of Bunzl plc to an “underperform” rating and decreased their price objective for the company from GBX 2,230 ($28.36) to GBX 1,950 ($24.80) in a research report on Monday, May 22nd. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 2,505 ($31.86) price objective on shares of Bunzl plc in a research report on Thursday, April 20th. Finally, Shore Capital reissued a “hold” rating on shares of Bunzl plc in a research report on Tuesday, April 11th.

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In related news, insider Charles Paul Budge sold 15,300 shares of Bunzl plc stock in a transaction dated Wednesday, April 12th. The shares were sold at an average price of GBX 2,375 ($30.21), for a total transaction of £363,375 ($462,191.55). Also, insider Patrick Larmon sold 15,216 shares of Bunzl plc stock in a transaction dated Wednesday, April 5th. The stock was sold at an average price of GBX 2,335 ($29.70), for a total transaction of £355,293.60 ($451,912.49). Insiders have sold a total of 66,516 shares of company stock valued at $158,302,860 in the last ninety days.

Bunzl plc (LON BNZL) opened at 2312.00 on Tuesday. Bunzl plc has a 12-month low of GBX 1,963.00 and a 12-month high of GBX 2,587.89. The stock’s market capitalization is GBX 7.61 billion. The stock’s 50 day moving average is GBX 2,417.76 and its 200 day moving average is GBX 2,257.91.

Bunzl plc Company Profile

Analyst Recommendations for Bunzl plc (LON:BNZL)

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