Bunzl plc (BNZL) to Issue GBX 13 Dividend
Bunzl plc (LON:BNZL) declared a dividend on Tuesday, August 30th. Shareholders of record on Thursday, November 17th will be given a dividend of GBX 13 ($0.16) per share on Tuesday, January 3rd. This represents a yield of 0.55%. The ex-dividend date is Thursday, November 17th. The official announcement can be seen at this link.
Bunzl plc (LON:BNZL) opened at 2013.00 on Friday. Bunzl plc has a 12-month low of GBX 1,722.00 and a 12-month high of GBX 2,587.89. The firm’s 50-day moving average is GBX 2,248.43 and its 200 day moving average is GBX 2,225.60. The firm’s market cap is GBX 6.64 billion.
In other news, insider Paul Budge,Charles sold 17,000 shares of the business’s stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of GBX 2,287 ($28.33), for a total transaction of £388,790 ($481,592.96). Also, insider Patrick Larmon sold 18,081 shares of the business’s stock in a transaction on Friday, October 7th. The shares were sold at an average price of GBX 2,342 ($29.01), for a total transaction of £423,457.02 ($524,534.89).
BNZL has been the topic of several research reports. Deutsche Bank AG lifted their price target on shares of Bunzl plc from GBX 2,100 ($26.01) to GBX 2,520 ($31.22) and gave the stock a “buy” rating in a research note on Tuesday, August 9th. Beaufort Securities reissued a “buy” rating on shares of Bunzl plc in a research note on Thursday, August 25th. Barclays PLC lifted their target price on shares of Bunzl plc from GBX 2,000 ($24.77) to GBX 2,450 ($30.35) and gave the stock an “equal weight” rating in a research note on Wednesday, August 17th. Shore Capital reaffirmed a “hold” rating on shares of Bunzl plc in a research note on Tuesday, August 9th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a GBX 1,800 ($22.30) target price on shares of Bunzl plc in a research note on Thursday, August 25th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 2,298.71 ($28.47).
About Bunzl plc
Bunzl plc is engaged in the distribution and outsourcing service. The Company supplies a range of sourced non-food products to a range of market sectors in approximately 30 countries. The Company’s segments include North America, Continental Europe, the United Kingdom & Ireland, and Rest of the World.
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