Bunzl plc (LON:BNZL) Receives GBX 2,728 Consensus Target Price from Analysts

Shares of Bunzl plc (LON:BNZL) have received an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 2,728.

Several brokerages recently weighed in on BNZL. UBS Group reiterated a “sell” rating and issued a GBX 2,200 price objective on shares of Bunzl in a report on Friday, October 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 2,350 price target on shares of Bunzl in a research note on Wednesday, November 12th. Shore Capital reiterated a “buy” rating and issued a GBX 3,040 price target on shares of Bunzl in a research report on Tuesday, August 26th. Finally, Jefferies Financial Group restated an “underperform” rating and set a GBX 1,900 price objective on shares of Bunzl in a report on Thursday, October 9th.

Bunzl Price Performance

Shares of BNZL opened at GBX 2,140 on Friday. The business’s 50 day simple moving average is GBX 2,321.45 and its 200-day simple moving average is GBX 2,350.36. The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73. Bunzl has a one year low of GBX 2,072.90 and a one year high of GBX 3,622. The company has a market capitalization of £6.90 billion, a P/E ratio of 14.72, a PEG ratio of 5.40 and a beta of 0.45.

Bunzl (LON:BNZL) last posted its quarterly earnings data on Tuesday, August 26th. The company reported GBX 77.80 earnings per share (EPS) for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. As a group, sell-side analysts predict that Bunzl will post 213.3413462 EPS for the current fiscal year.

About Bunzl

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.