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

Bunzl PLC (OTCMKTS:BZLFY) has been given an average recommendation of “Hold” by the six research firms that are presently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation.

Several research firms recently weighed in on BZLFY. BNP Paribas Exane lowered Bunzl to a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group upgraded Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th. Finally, Barclays cut shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th.

Bunzl Stock Performance

Shares of BZLFY opened at $15.02 on Friday. The company’s fifty day moving average is $14.66 and its 200-day moving average is $14.82. Bunzl has a 12 month low of $13.32 and a 12 month high of $20.44.

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.