Bunzl (LON:BNZL) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Bunzl (LON:BNZL) in a research note released on Friday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 3,200 ($40.48) price objective on the stock.

Separately, Shore Capital reiterated a buy rating on shares of Bunzl in a research report on Thursday, June 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Bunzl has an average rating of Hold and an average price target of GBX 3,095 ($39.15).

Bunzl Stock Performance

LON BNZL opened at GBX 2,992 ($37.84) on Friday. The company has a current ratio of 1.40, a quick ratio of 0.73 and a debt-to-equity ratio of 106.68. The firm has a market capitalization of £10.05 billion, a price-to-earnings ratio of 1,942.86, a P/E/G ratio of 5.40 and a beta of 0.47. The firm’s 50 day simple moving average is GBX 3,032.76 and its 200 day simple moving average is GBX 3,093.71. Bunzl has a 1 year low of GBX 2,680 ($33.90) and a 1 year high of GBX 3,306 ($41.82).

Insider Activity at Bunzl

In related news, insider Frank van Zanten sold 24,244 shares of the stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of GBX 3,062 ($38.73), for a total value of £742,351.28 ($938,972.02). 0.84% of the stock is owned by insiders.

Bunzl Company Profile

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.