Bunzl (LON:BNZL) Posts Earnings Results

Bunzl (LON:BNZL) released its quarterly earnings data on Monday. The company reported GBX 194.30 ($2.45) EPS for the quarter, Digital Look Earnings reports. Bunzl had a net margin of 4.20% and a return on equity of 16.82%.

Bunzl Trading Down 8.0 %

BNZL opened at GBX 3,099.55 ($39.07) on Monday. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00. The stock has a market capitalization of £10.14 billion, a PE ratio of 21.43, a PEG ratio of 5.40 and a beta of 0.45. Bunzl has a 1-year low of GBX 2,896 ($36.51) and a 1-year high of GBX 3,732 ($47.04). The firm has a 50-day moving average price of GBX 3,364.95 and a two-hundred day moving average price of GBX 3,427.29.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Citigroup raised shares of Bunzl to a “buy” rating in a report on Monday, January 13th. JPMorgan Chase & Co. lifted their price target on shares of Bunzl from GBX 3,980 ($50.17) to GBX 4,150 ($52.31) and gave the company an “overweight” rating in a report on Thursday, December 5th. Shore Capital reissued a “buy” rating on shares of Bunzl in a report on Thursday, December 19th. Finally, Jefferies Financial Group reissued an “underperform” rating and set a GBX 2,800 ($35.30) price target on shares of Bunzl in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,375 ($42.54).

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.