Bunzl PLC (OTCMKTS:BZLFY – Get Free Report)’s stock price hit a new 52-week high on Monday. The company traded as high as $19.51 and last traded at $19.43, with a volume of 11,212 shares. The stock had previously closed at $19.26.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft cut Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, August 12th. BNP Paribas Exane downgraded Bunzl from an “outperform” rating to a “neutral” rating in a research report on Friday, September 4th. Sanford C. Bernstein lowered Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Royal Bank Of Canada restated a “sector perform” rating on shares of Bunzl in a report on Tuesday, July 7th. Finally, Zacks Research raised Bunzl from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Report on Bunzl
Bunzl Stock Performance
The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.81 and a current ratio of 1.38. The company has a fifty day simple moving average of $18.24 and a 200-day simple moving average of $16.79.
About Bunzl
Bunzl plc is a United Kingdom-based specialist distribution and services company that supplies essential products to businesses across a range of industries. Rather than manufacturing most of the products it sells, Bunzl provides sourcing, inventory management, logistics and other supply-chain services designed to help customers operate efficiently.
Its product portfolio includes foodservice packaging and disposables, cleaning and hygiene supplies, personal protective equipment, workplace safety products, healthcare consumables, catering equipment, retail packaging and related operating supplies.
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