Bunzl plc (LON:BNZL) Receives GBX 3,375 Consensus Target Price from Analysts

Shares of Bunzl plc (LON:BNZL) have earned an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 3,375 ($41.05).

BNZL has been the topic of a number of recent analyst reports. Jefferies Financial Group reissued an “underperform” rating and set a GBX 2,800 ($34.05) price target on shares of Bunzl in a research report on Tuesday, December 17th. Shore Capital reissued a “buy” rating on shares of Bunzl in a report on Thursday, December 19th. Citigroup raised Bunzl to a “buy” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bunzl from GBX 3,980 ($48.41) to GBX 4,150 ($50.47) and gave the company an “overweight” rating in a report on Thursday, December 5th.

Bunzl Stock Performance

Shares of BNZL opened at GBX 3,436 ($41.79) on Monday. The company has a market cap of £11.48 billion, a PE ratio of 2,369.66, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. The firm has a 50-day moving average of GBX 3,414.33 and a 200-day moving average of GBX 3,374.85. Bunzl has a one year low of GBX 2,896 ($35.22) and a one year high of GBX 3,732 ($45.39). The company has a debt-to-equity ratio of 123.00, a current ratio of 1.15 and a quick ratio of 0.73.

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.