Analysts Set Bunzl plc (BNZL) PT at $2,324.30

Shares of Bunzl plc (LON:BNZL) have been given an average rating of “Hold” by the twelve brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,324.30 ($30.56).

Several research analysts recently weighed in on the stock. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,600 ($34.18) target price (up previously from GBX 2,550 ($33.53)) on shares of Bunzl plc in a report on Thursday, June 15th. Deutsche Bank AG upped their target price on shares of Bunzl plc from GBX 2,535 ($33.33) to GBX 2,575 ($33.85) and gave the stock a “buy” rating in a report on Thursday, June 29th. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a report on Tuesday, August 29th. Beaufort Securities reaffirmed a “hold” rating on shares of Bunzl plc in a report on Wednesday, August 30th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 2,505 ($32.93) target price on shares of Bunzl plc in a report on Monday, July 24th.

COPYRIGHT VIOLATION NOTICE: “Analysts Set Bunzl plc (BNZL) PT at $2,324.30” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/analysts-set-bunzl-plc-bnzl-pt-at-2324-30.html.

Shares of Bunzl plc (LON:BNZL) traded up 0.09% during midday trading on Friday, hitting GBX 2305.00. The company had a trading volume of 491,098 shares. The stock has a 50 day moving average price of GBX 2,276.32 and a 200 day moving average price of GBX 2,329.02. The firm’s market capitalization is GBX 7.59 billion. Bunzl plc has a 1-year low of GBX 1,963.00 and a 1-year high of GBX 2,472.00.

The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, November 16th will be given a dividend of GBX 14 ($0.18) per share. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, November 16th.

In other news, insider Brian May sold 9,670 shares of the company’s stock in a transacti

Several research analysts recently weighed in on the stock. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 2,600 ($34.18) target price (up previously from GBX 2,550 ($33.53)) on shares of Bunzl plc in a report on Thursday, June 15th. Deutsche Bank AG upped their target price on shares of Bunzl plc from GBX 2,535 ($33.33) to GBX 2,575 ($33.85) and gave the stock a “buy” rating in a report on Thursday, June 29th. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a report on Tuesday, August 29th. Beaufort Securities reaffirmed a “hold” rating on shares of Bunzl plc in a report on Wednesday, August 30th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 2,505 ($32.93) target price on shares of Bunzl plc in a report on Monday, July 24th.

COPYRIGHT VIOLATION NOTICE: “Analysts Set Bunzl plc (BNZL) PT at $2,324.30” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/analysts-set-bunzl-plc-bnzl-pt-at-2324-30.html.

Shares of Bunzl plc (LON:BNZL) traded up 0.09% during midday trading on Friday, hitting GBX 2305.00. The company had a trading volume of 491,098 shares. The stock has a 50 day moving average price of GBX 2,276.32 and a 200 day moving average price of GBX 2,329.02. The firm’s market capitalization is GBX 7.59 billion. Bunzl plc has a 1-year low of GBX 1,963.00 and a 1-year high of GBX 2,472.00.

The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, November 16th will be given a dividend of GBX 14 ($0.18) per share. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, November 16th.

In other news, insider Brian May sold 9,670 shares of the company’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of GBX 2,303 ($30.28), for a total transaction of £222,700.10 ($292,795.29). Also, insider Lloyd Pitchford bought 3,000 shares of the firm’s stock in a transaction dated Friday, September 22nd. The shares were acquired at an average price of GBX 2,205 ($28.99) per share, for a total transaction of £66,150 ($86,970.81).

About Bunzl plc

Analyst Recommendations for Bunzl plc (LON:BNZL)

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