Analysts’ Recent Ratings Updates for Bunzl (BNZL)

Several analysts have recently updated their ratings and price targets for Bunzl (LON: BNZL):

  • 10/24/2019 – Bunzl had its price target lowered by analysts at Barclays PLC from GBX 2,400 ($31.36) to GBX 2,250 ($29.40). They now have an “overweight” rating on the stock.
  • 10/23/2019 – Bunzl had its price target lowered by analysts at Jefferies Financial Group Inc from GBX 1,700 ($22.21) to GBX 1,620 ($21.17). They now have an “underperform” rating on the stock.
  • 10/22/2019 – Bunzl had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 2,490 ($32.54) to GBX 2,410 ($31.49). They now have a “neutral” rating on the stock.
  • 10/22/2019 – Bunzl had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 10/22/2019 – Bunzl had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/4/2019 – Bunzl had its price target raised by analysts at Berenberg Bank from GBX 2,250 ($29.40) to GBX 2,350 ($30.71). They now have a “hold” rating on the stock.
  • 8/28/2019 – Bunzl had its price target lowered by analysts at Barclays PLC from GBX 2,550 ($33.32) to GBX 2,400 ($31.36). They now have an “overweight” rating on the stock.
  • 8/28/2019 – Bunzl had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 2,380 ($31.10) price target on the stock.
  • 8/27/2019 – Bunzl had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 8/26/2019 – Bunzl had its “neutral” rating reaffirmed by analysts at UBS Group AG.

BNZL opened at GBX 1,968 ($25.72) on Friday. The company has a market capitalization of $6.68 billion and a price-to-earnings ratio of 19.82. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 155.46. The firm has a 50-day moving average price of GBX 2,048.97 and a 200-day moving average price of GBX 2,151.89. Bunzl plc has a twelve month low of GBX 1,962 ($25.64) and a twelve month high of GBX 2,554 ($33.37).

The firm also recently announced a dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, November 14th will be paid a GBX 15.50 ($0.20) dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a dividend yield of 0.77%. Bunzl’s payout ratio is 0.51%.

In other news, insider Brian May sold 2,820 shares of Bunzl stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of GBX 1,896 ($24.77), for a total value of £53,467.20 ($69,864.37).

Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides non-food consumables, including food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as the leisure sector.

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