Bunzl PLC (OTCMKTS:BZLFY) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

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

Bunzl Trading Up 0.7%

OTCMKTS:BZLFY opened at $14.13 on Friday. The stock’s 50 day moving average price is $14.70 and its 200 day moving average price is $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 52 week low of $13.52 and a 52 week 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.