Analysts Set Bunzl plc (LON:BNZL) Price Target at GBX 3,375

Bunzl plc (LON:BNZL) has been given an average recommendation of “Hold” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 3,375 ($41.31).

A number of brokerages have recently commented on BNZL. JPMorgan Chase & Co. upped their price target on Bunzl from GBX 3,980 ($48.71) to GBX 4,150 ($50.80) and gave the company an “overweight” rating in a research report on Thursday, December 5th. Citigroup raised Bunzl to a “buy” rating in a research report on Monday. Shore Capital reaffirmed a “buy” rating on shares of Bunzl in a research report on Thursday, December 19th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 2,800 ($34.27) price target on shares of Bunzl in a research report on Tuesday, December 17th.

Bunzl Stock Up 0.7 %

BNZL stock opened at GBX 3,332 ($40.78) on Monday. The stock’s fifty day simple moving average is GBX 3,417.97 and its two-hundred day simple moving average is GBX 3,363.92. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00. Bunzl has a 1-year low of GBX 2,896 ($35.45) and a 1-year high of GBX 3,732 ($45.68). The stock has a market cap of £11.13 billion, a P/E ratio of 2,297.93, a P/E/G ratio of 5.40 and a beta of 0.45.

Bunzl Company Profile

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.