Bunzl PLC (OTCMKTS:BZLFY) Receives Average Rating of “Hold” from Brokerages

Shares of Bunzl PLC (OTCMKTS:BZLFY) have been given a consensus recommendation of “Hold” by the six analysts that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

BZLFY has been the subject of a number of recent analyst reports. Citigroup reiterated a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th. BNP Paribas Exane raised shares of Bunzl from a “neutral” rating to an “outperform” rating in a research report on Tuesday, June 9th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Bunzl in a research report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th.

Bunzl Stock Down 0.1%

OTCMKTS BZLFY opened at $19.14 on Wednesday. Bunzl has a 12 month low of $13.32 and a 12 month high of $19.50. The company’s 50 day simple moving average is $18.28 and its 200 day simple moving average is $16.51. The company has a current ratio of 1.39, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62.

About Bunzl

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.