Bunzl’s (BNZL) “Sector perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their sector perform rating on shares of Bunzl (LON:BNZL) in a research report report published on Tuesday, MarketBeat reports. They currently have a GBX 2,200 price target on the stock.

Bunzl Stock Up 2.0%

Shares of LON:BNZL opened at GBX 2,268 on Tuesday. The firm has a market capitalization of £7.31 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 5.40 and a beta of 0.35. Bunzl has a 1 year low of GBX 1,981 and a 1 year high of GBX 3,096. The company has a debt-to-equity ratio of 103.81, a current ratio of 1.39 and a quick ratio of 0.73. The firm’s 50-day moving average is GBX 2,116.22 and its two-hundred day moving average is GBX 2,241.80.

Bunzl (LON:BNZL) last posted its quarterly earnings data on Monday, March 2nd. The company reported GBX 179.30 EPS for the quarter. Bunzl had a net margin of 3.88% and a return on equity of 17.21%. Analysts predict that Bunzl will post 213.3413462 EPS for the current year.

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. It also provides food packaging, disposable tableware, guest amenities, catering equipment, agricultural supplies, cleaning and hygiene products, and safety items to hotels, restaurants, contract caterers, food processors, commercial growers, and the leisure sector; and gloves, boots, hard hats, ear and eye protection, and other workwear, as well as cleaning and hygiene supplies, and asset protection products to industrial and construction, and ecommerce sectors.