Several other brokerages also recently weighed in on BNZL. Deutsche Bank AG boosted their target price on shares of Bunzl plc from GBX 2,575 ($33.87) to GBX 2,590 ($34.07) and gave the company a buy rating in a research note on Wednesday, August 23rd. Beaufort Securities reissued a hold rating on shares of Bunzl plc in a research note on Wednesday, August 30th. J P Morgan Chase & Co boosted their target price on shares of Bunzl plc from GBX 2,505 ($32.95) to GBX 2,516 ($33.09) and gave the company a neutral rating in a research note on Wednesday, October 25th. Finally, Jefferies Group LLC downgraded shares of Bunzl plc to an underperform rating and set a GBX 2,000 ($26.31) target price for the company. in a research note on Thursday, September 28th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 2,329.33 ($30.64).
Shares of Bunzl plc (LON BNZL) traded up GBX 14 ($0.18) during mid-day trading on Monday, reaching GBX 2,115 ($27.82). 1,344,509 shares of the company traded hands, compared to its average volume of 789,824. Bunzl plc has a 12-month low of GBX 1,963 ($25.82) and a 12-month high of GBX 2,472 ($32.51).
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The business also recently disclosed 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 ($0.18) per share. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, November 16th.
In other news, insider Charles Paul Budge sold 16,400 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of GBX 2,301 ($30.26), for a total transaction of £377,364 ($496,335.66). 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).
Bunzl plc Company Profile
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