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

Bunzl PLC (OTCMKTS:BZLFY) has received an average recommendation of “Hold” from the five ratings firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

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

Bunzl Stock Down 0.1%

Bunzl stock opened at $18.92 on Friday. Bunzl has a 52 week low of $13.32 and a 52 week high of $19.00. The company has a current ratio of 1.39, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. The business’s 50-day simple moving average is $17.43 and its 200-day simple moving average is $15.90.

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.