Bunzl plc (LON:BNZL) has earned an average recommendation of “Hold” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,329.33 ($30.74).

BNZL has been the topic of several analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,575 ($33.98) price target on shares of Bunzl plc in a research report on Friday, July 21st. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 2,505 ($33.06) price target on shares of Bunzl plc in a research note on Monday, July 24th. Shore Capital restated a “hold” rating on shares of Bunzl plc in a research note on Tuesday, August 29th. Beaufort Securities restated a “hold” rating on shares of Bunzl plc in a research note on Wednesday, August 30th. Finally, Jefferies Group LLC downgraded shares of Bunzl plc to an “underperform” rating and set a GBX 2,000 ($26.39) price objective on the stock. in a research note on Thursday, September 28th.

Bunzl plc (BNZL) opened at 2345.00 on Wednesday. The company’s market cap is GBX 7.73 billion. The stock’s 50 day moving average is GBX 2,265.38 and its 200-day moving average is GBX 2,322.62. Bunzl plc has a 12-month low of GBX 1,963.00 and a 12-month high of GBX 2,472.00.

The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, November 16th will be paid a dividend of GBX 14 ($0.18) per share. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, November 16th.

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In related news, insider Charles Paul Budge sold 16,400 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of GBX 2,301 ($30.36), for a total value of £377,364 ($497,973.08). Also, insider Brian May sold 9,670 shares of the business’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of GBX 2,303 ($30.39), for a total value of £222,700.10 ($293,877.14).

About Bunzl plc

Analyst Recommendations for Bunzl plc (LON:BNZL)

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