Bunzl plc Announces Share Purchase by CFO’s Associate

Bunzl plc ( (GB:BNZL) ) has provided an announcement.

Bunzl plc announced a transaction involving the purchase of 4,471 ordinary shares by Alexia Howes, a person closely associated with the company’s Chief Financial Officer, Richard Howes. The shares were acquired at a price of £22.19 each on the London Stock Exchange. This transaction reflects confidence in the company’s market position and may have implications for stakeholders regarding the financial strategies of Bunzl’s leadership.

The most recent analyst rating on (GB:BNZL) stock is a Sell with a £2800.00 price target. To see the full list of analyst forecasts on Bunzl plc stock, see the GB:BNZL Stock Forecast page.

Spark’s Take on GB:BNZL Stock

According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Neutral.

Bunzl plc’s overall stock score is driven by solid financial performance and strategic corporate events, offset by technical analysis indicating bearish momentum. Valuation is fair with an attractive dividend yield. Earnings call insights reinforce confidence in strategic direction despite some operational challenges.

To see Spark’s full report on GB:BNZL stock, click here.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing sector, providing a range of products including packaging, cleaning and hygiene supplies, and personal protection equipment. The company focuses on delivering essential products and services to various industries, enhancing operational efficiency for its clients.

Average Trading Volume: 1,251,294

Technical Sentiment Signal: Sell

Current Market Cap: £7.5B

Find detailed analytics on BNZL stock on TipRanks’ Stock Analysis page.