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

Bunzl (LON:BNZL)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a report released on Friday, MarketBeat.com reports. They currently have a GBX 3,200 ($40.59) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 6.31% from the stock’s previous close.

Separately, Shore Capital reiterated a “buy” rating on shares of Bunzl in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,095 ($39.26).

Bunzl Stock Performance

Shares of Bunzl stock opened at GBX 3,010 ($38.18) on Friday. The business’s fifty day simple moving average is GBX 3,033.92 and its 200 day simple moving average is GBX 3,094.87. The company has a current ratio of 1.40, a quick ratio of 0.73 and a debt-to-equity ratio of 106.68. Bunzl has a 12 month low of GBX 2,680 ($34.00) and a 12 month high of GBX 3,306 ($41.94). The firm has a market capitalization 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.

Insider Buying and Selling at Bunzl

In related news, insider Frank van Zanten sold 24,244 shares of Bunzl stock in a transaction dated Thursday, April 25th. The stock was 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 corporate insiders.

About Bunzl

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.