Bunzl plc (BNZL) To Go Ex-Dividend on November 14th

Bunzl plc (LON:BNZL) announced a dividend on Tuesday, August 27th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 20.10 ($0.26) per share on Friday, January 3rd. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be seen at this link.

Bunzl Stock Down 0.1 %

LON BNZL traded down GBX 4 ($0.05) on Tuesday, reaching GBX 3,472 ($44.68). The company had a trading volume of 2,113,913 shares, compared to its average volume of 921,126. The company’s fifty day moving average is GBX 3,533.44 and its 200-day moving average is GBX 3,250.04. The firm has a market capitalization of £11.60 billion, a price-to-earnings ratio of 2,386.21, a price-to-earnings-growth ratio of 5.40 and a beta of 0.45. The company has a debt-to-equity ratio of 123.00, a quick ratio of 0.73 and a current ratio of 1.15. Bunzl has a 1-year low of GBX 2,871 ($36.95) and a 1-year high of GBX 3,732 ($48.02).

Insider Activity at Bunzl

In other news, insider Jacky Simmonds acquired 1,445 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was acquired at an average price of GBX 3,462 ($44.55) per share, with a total value of £50,025.90 ($64,375.11). 0.84% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Royal Bank of Canada raised shares of Bunzl to a “sector perform” rating and boosted their price target for the stock from GBX 2,700 ($34.74) to GBX 3,350 ($43.11) in a research report on Thursday, August 29th. Jefferies Financial Group lifted their target price on Bunzl from GBX 2,600 ($33.46) to GBX 2,800 ($36.03) and gave the company an “underperform” rating in a research report on Thursday, September 5th. Finally, Shore Capital reissued a “buy” rating on shares of Bunzl in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 3,182.50 ($40.95).

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.