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

Shares of Bunzl PLC (OTCMKTS:BZLFY) have been given an average rating of “Hold” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

BZLFY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th. BNP Paribas Exane upgraded shares of Bunzl from a “neutral” rating to an “outperform” rating in a report on Tuesday, June 9th. Citigroup reaffirmed a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bunzl in a research note on Tuesday, July 7th.

Bunzl Trading Down 1.8%

BZLFY stock opened at $18.55 on Wednesday. The business has a fifty day moving average of $18.49 and a two-hundred day moving average of $16.66. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.39 and a quick ratio of 0.80. Bunzl has a 52-week low of $13.32 and a 52-week 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.