Shore Capital Reaffirms “Buy” Rating for Bunzl plc (BNZL)
Shore Capital reaffirmed their buy rating on shares of Bunzl plc (LON:BNZL) in a report issued on Thursday morning, MarketBeat.com reports.
Several other research analysts also recently issued reports on BNZL. Deutsche Bank AG lifted their price target on Bunzl from GBX 2,575 ($33.87) to GBX 2,590 ($34.07) and gave the stock a buy rating in a research note on Wednesday, August 23rd. Beaufort Securities reaffirmed a hold rating on shares of Bunzl in a research note on Wednesday, August 30th. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 2,505 ($32.95) price target on shares of Bunzl in a research note on Thursday, September 28th. Jefferies Group LLC downgraded Bunzl to an underperform rating and set a GBX 2,000 ($26.31) price target for the company. in a research note on Thursday, September 28th. Finally, Berenberg Bank initiated coverage on shares of Bunzl in a research note on Friday, November 17th. They issued a hold rating and a GBX 2,250 ($29.59) target price for the company. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. Bunzl presently has a consensus rating of Hold and a consensus target price of GBX 2,321.40 ($30.53).
Bunzl (LON:BNZL) opened at GBX 2,145.76 ($28.22) on Thursday. Bunzl has a one year low of GBX 1,996 ($26.25) and a one year high of GBX 2,472 ($32.51).
In other news, insider Frank van Zanten bought 9,000 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was acquired at an average price of GBX 2,135 ($28.08) per share, for a total transaction of £192,150 ($252,729.19). Also, insider Brian May sold 9,670 shares of the business’s stock in a transaction dated Friday, October 6th. The stock was sold at an average price of GBX 2,303 ($30.29), for a total value of £222,700.10 ($292,910.82).
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Bunzl Company Profile
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