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Jefferies Reaffirms Their Sell Rating on Bunzl plc (BNZL)

Tipranks - Tipranks - Thu Apr 23, 12:10PM CDT

In a report released today, from Jefferies reiterated a Sell rating on Bunzl plc, with a price target of p1,900.00.

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The word on The Street in general, suggests a Hold analyst consensus rating for Bunzl plc with a p2,404.00 average price target.

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Based on Bunzl plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p6.09 billion and a net profit of p368.25 million. In comparison, last year the company earned a revenue of p6.06 billion and had a net profit of p301.7 million

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNZL in relation to earlier this year.

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