Shore Capital Reiterates Buy Rating for Bunzl (LON:BNZL)

Bunzl (LON:BNZLGet Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a report released on Thursday, MarketBeat Ratings reports.

Bunzl Stock Down 2.0 %

Shares of LON BNZL opened at GBX 3,010 ($38.18) on Thursday. Bunzl has a 1 year low of GBX 2,680 ($34.00) and a 1 year high of GBX 3,306 ($41.94). The firm’s 50 day moving average price is GBX 3,033.92 and its 200 day moving average price is GBX 3,095.02. The firm has a market cap of £10.11 billion, a P/E ratio of 1,954.55, a price-to-earnings-growth ratio of 5.40 and a beta of 0.47. The company has a debt-to-equity ratio of 106.68, a quick ratio of 0.73 and a current ratio of 1.40.

Insider Buying and Selling at Bunzl

In other Bunzl news, insider Frank van Zanten sold 24,244 shares of Bunzl stock in a transaction on Thursday, April 25th. The shares were sold at an average price of GBX 3,062 ($38.84), for a total value of £742,351.28 ($941,711.63). 0.84% of the stock is owned by company insiders.

Bunzl Company Profile

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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Analyst Recommendations for Bunzl (LON:BNZL)

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