Bunzl PLC (OTCMKTS:BZLFY) Given Average Rating of “Hold” by Analysts

Bunzl PLC (OTCMKTS:BZLFY) has been given an average rating of “Hold” by the five brokerages that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of equities analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Bunzl in a research note on Thursday, June 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bunzl in a report on Tuesday, July 7th. Finally, BNP Paribas Exane upgraded shares of Bunzl from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 9th.

Bunzl Price Performance

Bunzl stock opened at $19.43 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.39 and a quick ratio of 0.80. The business’s fifty day simple moving average is $17.75 and its two-hundred day simple moving average is $16.08. Bunzl has a 12 month low of $13.32 and a 12 month high of $19.50.

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.