Bunzl plc (BNZL) Earns “Neutral” Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their neutral rating on shares of Bunzl plc (LON:BNZL) in a research note issued to investors on Thursday. JPMorgan Chase & Co. currently has a GBX 2,505 ($33.69) target price on the stock.
Several other analysts also recently issued reports on the company. Beaufort Securities reiterated a hold rating on shares of Bunzl plc in a report on Wednesday, August 30th. Shore Capital reiterated a hold rating on shares of Bunzl plc in a report on Tuesday, August 29th. Deutsche Bank AG increased their price target on Bunzl plc from GBX 2,575 ($34.63) to GBX 2,590 ($34.83) and gave the company a buy rating in a report on Wednesday, August 23rd. Barclays PLC reiterated an overweight rating and issued a GBX 2,600 ($34.97) price target on shares of Bunzl plc in a report on Thursday, June 29th. Finally, HSBC Holdings plc downgraded Bunzl plc to a hold rating and set a GBX 2,508 ($33.73) price target for the company. in a report on Thursday, June 1st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. Bunzl plc has a consensus rating of Hold and a consensus price target of GBX 2,324.30 ($31.26).
Bunzl plc (LON BNZL) opened at 2267.00 on Thursday. Bunzl plc has a 12-month low of GBX 1,963.00 and a 12-month high of GBX 2,472.00. The stock’s market capitalization is GBX 7.47 billion. The company has a 50-day moving average price of GBX 2,291.86 and a 200-day moving average price of GBX 2,334.78.
The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, November 16th will be paid a dividend of GBX 14 ($0.19) per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 0.61%.
In other Bunzl plc news, insider Lloyd Pitchford bought 3,000 shares of the stock in a transaction dated Friday, September 22nd. The stock was bought at an average cost of GBX 2,205 ($29.65) per share, for a total transaction of £66,150 ($88,959.12).
Bunzl plc Company Profile
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