Shore Capital reiterated their buy rating on shares of Bunzl (LON:BNZL – Free Report) in a research report sent to investors on Thursday morning, Marketbeat reports.
Bunzl Stock Down 2.0 %
Shares of LON:BNZL opened at GBX 3,010 ($38.18) on Thursday. The company has a 50 day moving average of GBX 3,033.92 and a 200-day moving average of GBX 3,094.70. The stock has a market cap of £10.11 billion, a price-to-earnings ratio of 1,954.55, a P/E/G ratio of 5.40 and a beta of 0.47. Bunzl has a one year low of GBX 2,680 ($34.00) and a one year high of GBX 3,306 ($41.94). The company has a debt-to-equity ratio of 106.68, a current ratio of 1.40 and a quick ratio of 0.73.
Insiders Place Their Bets
In other news, insider Frank van Zanten sold 24,244 shares of Bunzl stock in a transaction on Thursday, April 25th. The shares were sold at an average price of GBX 3,062 ($38.84), for a total transaction of £742,351.28 ($941,711.63). Company insiders own 0.84% of the company’s stock.
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.
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