Charles Paul Budge Sells 16,400 Shares of Bunzl plc (BNZL) Stock

Bunzl plc (LON:BNZL) insider Charles Paul Budge sold 16,400 shares of the company’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of GBX 2,301 ($30.25), for a total value of £377,364 ($496,139.89).

Bunzl plc (LON BNZL) opened at 2305.00 on Wednesday. Bunzl plc has a 52 week low of GBX 1,963.00 and a 52 week high of GBX 2,472.00. The company’s market capitalization is GBX 7.59 billion. The company’s 50-day moving average price is GBX 2,275.33 and its 200-day moving average price is GBX 2,329.07.

The company also recently disclosed a dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 16th will be issued a GBX 14 ($0.18) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, November 16th.

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BNZL has been the subject of a number of analyst reports. Deutsche Bank AG reduced their price target on Bunzl plc from GBX 2,590 ($34.05) to GBX 2,540 ($33.39) and set a “buy” rating for the company in a research report on Thursday, September 28th. Beaufort Securities restated a “hold” rating on shares of Bunzl plc in a research report on Wednesday, August 30th. Shore Capital restated a “hold” rating on shares of Bunzl plc in a research report on Tuesday, August 29th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 2,505 ($32.93) price target on shares of Bunzl plc in a research report on Thursday, September 28th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 2,600 ($34.18) price target on shares of Bunzl plc in a research report on Thursday, June 29th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 2,324.30 ($30.56).

Bunzl plc Company Profile

Insider Buying and Selling by Quarter for Bunzl plc (LON:BNZL)

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