Shares of Bunzl plc (LON:BNZL) traded down 0% during trading on Monday . The company traded as low as GBX 2,155 ($28.34) and last traded at GBX 2,101 ($27.63). 1,377,900 shares traded hands during trading, an increase of 74% from the average session volume of 789,824 shares. The stock had previously closed at GBX 2,101 ($27.63).
A number of equities analysts have recently issued reports on the company. Shore Capital restated a “buy” rating on shares of Bunzl plc in a research report on Monday. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 2,505 ($32.95) price objective on shares of Bunzl plc in a research report on Monday, July 24th. Deutsche Bank AG restated a “buy” rating and set a GBX 2,575 ($33.87) price objective on shares of Bunzl plc in a research report on Friday, July 21st. Beaufort Securities restated a “hold” rating on shares of Bunzl plc in a research report on Wednesday, August 30th. Finally, Jefferies Group LLC downgraded Bunzl plc to an “underperform” rating and set a GBX 2,000 ($26.31) price objective for the company. in a research report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 2,329.33 ($30.64).
The firm also recently announced a dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Thursday, November 16th will be issued a GBX 14 ($0.18) dividend. The ex-dividend date is Thursday, November 16th. This represents a yield of 0.61%.
In other Bunzl plc news, insider Lloyd Pitchford bought 3,000 shares of the stock in a transaction on Friday, September 22nd. The stock was acquired at an average cost of GBX 2,205 ($29.00) per share, for a total transaction of £66,150 ($87,005.13). Also, insider Charles Paul Budge sold 16,400 shares of Bunzl plc stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of GBX 2,301 ($30.26), for a total value of £377,364 ($496,335.66).
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About Bunzl plc
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