Bunzl PLC (OTCMKTS:BZLFY) Given Consensus Rating of “Hold” by Brokerages

Shares of Bunzl PLC (OTCMKTS:BZLFY) have received an average recommendation of “Hold” from the five research firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of equities analysts have recently issued reports on BZLFY shares. Barclays downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Bunzl in a report on Tuesday, July 7th. Citigroup reissued a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th. Finally, BNP Paribas Exane upgraded Bunzl from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 9th.

Bunzl Trading Down 0.5%

OTCMKTS:BZLFY opened at $17.99 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.39 and a debt-to-equity ratio of 0.62. The company has a 50 day simple moving average of $16.78 and a two-hundred day simple moving average of $15.46. Bunzl has a 12 month low of $13.32 and a 12 month high of $18.19.

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.