Bunzl plc (BNZL) Receives Consensus Recommendation of “Hold” from Analysts
Bunzl plc (LON:BNZL) has been given a consensus recommendation of “Hold” by the twelve brokerages that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 2,322.80 ($30.33).
A number of analysts have issued reports on BNZL shares. HSBC Holdings plc lowered Bunzl plc to a “hold” rating and set a GBX 2,508 ($32.75) target price on the stock. in a research report on Thursday, June 1st. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a research report on Tuesday, April 11th. Royal Bank Of Canada upped their price objective on Bunzl plc from GBX 1,900 ($24.81) to GBX 1,950 ($25.46) and gave the stock an “underperform” rating in a research report on Wednesday, March 29th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,600 ($33.95) price objective on shares of Bunzl plc in a research report on Thursday, June 29th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,575 ($33.62) price objective on shares of Bunzl plc in a research report on Friday.
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In related news, insider Patrick Larmon sold 36,000 shares of the stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of GBX 2,401 ($31.35), for a total value of £864,360 ($1,128,702.01).
Bunzl plc (LON BNZL) opened at 2236.00 on Monday. The stock’s market capitalization is GBX 7.36 billion. Bunzl plc has a 12-month low of GBX 1,963.00 and a 12-month high of GBX 2,587.89. The firm’s 50-day moving average price is GBX 2,325.77 and its 200 day moving average price is GBX 2,288.67.
Bunzl plc Company Profile
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