Insider Selling: Bunzl plc (BNZL) Insider Sells 9,670 Shares of Stock
Bunzl plc (LON:BNZL) insider Brian May sold 9,670 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of GBX 2,303 ($30.55), for a total value of £222,700.10 ($295,397.40).
Shares of Bunzl plc (LON:BNZL) traded up 0.30% during mid-day trading on Friday, hitting GBX 2308.00. The company had a trading volume of 362,522 shares. Bunzl plc has a 52-week low of GBX 1,963.00 and a 52-week high of GBX 2,472.00. The firm has a 50-day moving average price of GBX 2,276.28 and a 200 day moving average price of GBX 2,329.72. The firm’s market capitalization is GBX 7.60 billion.
The business also recently announced a dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 16th will be issued a GBX 14 ($0.19) dividend. The ex-dividend date is Thursday, November 16th. This represents a yield of 0.61%.
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A number of research analysts have recently commented on BNZL shares. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a research note on Tuesday, August 29th. Deutsche Bank AG upped their target price on Bunzl plc from GBX 2,575 ($34.16) to GBX 2,590 ($34.35) and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Jefferies Group LLC lowered Bunzl plc to an “underperform” rating and set a GBX 2,000 ($26.53) price target for the company. in a report on Thursday, September 28th. Beaufort Securities reiterated a “hold” rating on shares of Bunzl plc in a report on Wednesday, August 30th. Finally, Barclays PLC reiterated an “overweight” rating and issued a GBX 2,600 ($34.49) price target on shares of Bunzl plc in a report on Thursday, June 29th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,324.30 ($30.83).
Bunzl plc Company Profile
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