Bunzl (LON:BNZL) Stock Ranking Reaffirmed by Barclays


Bunzl (LON:BNZL – Get a rating)‘s stock had its “equal weight” rating reiterated by Barclays equity analysts in a research note released Friday to investors, Digital Look reports. They currently have a price target of 2,935 GBX ($35.46) on the stock. Barclays’ target price would indicate a potential upside of 4.75% from the company’s current price.

Several other equity analysts have also published reports on BNZL. JPMorgan Chase & Co. raised its price target on Bunzl shares from 3,200 GBX ($38.67) to 3,250 GBX ($39.27) and gave the company a “neutral” rating in a report released Wednesday. Shore Capital reissued an “unrated” rating on Bunzl shares in a report on Tuesday. Credit Suisse Group cut its price target on Bunzl from 3,050 GBX ($36.85) to 2,800 GBX ($33.83) and set a “neutral” rating for the company in a Thursday, June 30 report. . Royal Bank of Canada rephrased an “industry performance” rating and set a price target of 2,700 GBX ($32.62) on Bunzl shares in a Tuesday, July 5 research note. Finally, Morgan Stanley reiterated an “underweight” rating on Bunzl shares in a Wednesday, May 11 research note. One research analyst rated the stock with a sell rating, five gave the stock a hold rating and four gave the stock a buy rating. According to data from MarketBeat.com, Bunzl currently has a consensus rating of “Hold” and an average target price of GBX 2,916.50 ($35.24).

Bunzl stock up 0.4%


A d Oxford Club

The ONLY way to play in markets like these

The best investor in the world knows that the only way to thrive (especially in markets like these)… is to invest in VALUE. But this $2 stock might be the last value play in the market today. See why this $2 stock could be $50 and STILL be a bargain.

Shares of Bunzl rose 10 GBX ($0.12) in Friday trading, hitting 2,802 GBX ($33.86). The company’s shares had a trading volume of 254,022 shares, compared to an average volume of 760,809. Bunzl has a 52-week low of 2,363 GBX ($28.55) and a 52-week high of 3,249 GBX ($39.26). The company has a market capitalization of £9.46 billion and a PE ratio of 2,122.73. The company has a fifty-day simple moving average of 2,966.96 GBX and a two-hundred-day simple moving average of 2,909.11 GBX. The company has a debt ratio of 118.60, a quick ratio of 0.77 and a current ratio of 1.34.

Insider buying and selling

In other Bunzl news, insider Pamela Kirby bought 1,800 shares of the company in a trade on Wednesday, August 31. The shares were acquired at an average cost of 2,924 GBX ($35.33) per share, for a total transaction of £52,632 ($63,595.94).

Bunzl company profile

(Get an assessment)

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

See also

Analyst Recommendations for Bunzl (LON:BNZL)

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider Bunzl, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Bunzl wasn’t on the list.

Although Bunzl currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here


Comments are closed.