JPMorgan Chase & Co. restated their neutral rating on shares of Bunzl plc (LON:BNZL) in a report released on Thursday morning. The firm currently has a GBX 2,505 ($31.30) target price on the stock.

Several other research analysts also recently commented on BNZL. BNP Paribas reiterated a neutral rating and set a GBX 2,350 ($29.36) target price on shares of Bunzl plc in a research note on Monday, August 1st. Shore Capital restated a hold rating on shares of Bunzl plc in a research note on Tuesday, August 9th. Deutsche Bank AG boosted their price target on Bunzl plc from GBX 2,100 ($26.24) to GBX 2,520 ($31.48) and gave the company a buy rating in a research note on Tuesday, August 9th. Barclays PLC boosted their price target on Bunzl plc from GBX 2,000 ($24.99) to GBX 2,450 ($30.61) and gave the company an equal weight rating in a research note on Wednesday, August 17th. Finally, Beaufort Securities restated a buy rating on shares of Bunzl plc in a research note on Thursday, August 25th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 2,298.71 ($28.72).

Analyst Recommendations for Bunzl plc (LON:BNZL)

Bunzl plc (LON:BNZL) opened at 2039.00 on Thursday. Bunzl plc has a 1-year low of GBX 1,722.00 and a 1-year high of GBX 2,587.89. The firm’s 50-day moving average price is GBX 2,174.89 and its 200 day moving average price is GBX 2,223.99. The firm’s market capitalization is GBX 6.73 billion.

The firm also recently announced a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, November 17th will be given a dividend of GBX 13 ($0.16) per share. The ex-dividend date is Thursday, November 17th. This represents a dividend yield of 0.55%.

In other news, insider van Zanten,Frank purchased 899 shares of the business’s stock in a transaction on Tuesday, September 20th. The shares were acquired at an average price of GBX 992 ($12.39) per share, for a total transaction of £8,918.08 ($11,142.03). Also, insider Paul Budge,Charles sold 17,000 shares of the stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of GBX 2,287 ($28.57), for a total value of £388,790 ($485,744.63).

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Bunzl plc Company Profile

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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