Bunzl PLC (OTCMKTS:BZLFY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Bunzl PLC (OTCMKTS:BZLFY) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and three have issued a strong buy recommendation on the company.

A number of research firms have recently weighed in on BZLFY. Jefferies Financial Group upgraded Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th. The Goldman Sachs Group raised shares of Bunzl to a “hold” rating in a research note on Friday, October 3rd.

Bunzl Stock Performance

Shares of OTCMKTS BZLFY opened at $14.13 on Friday. The company has a 50 day simple moving average of $14.70 and a 200-day simple moving average of $15.54. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.77 and a current ratio of 1.36. Bunzl has a 1 year low of $13.52 and a 1 year high of $21.94.

Bunzl Company Profile

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.