Bunzl PLC (OTCMKTS:BZLFY) Stock Now Rated “Hold” by Wall Street Analysts

Bunzl PLC (OTCMKTS:BZLFY) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several research analysts recently issued reports on the stock. BNP Paribas Exane downgraded shares of Bunzl from an “outperform” rating to a “neutral” rating in a research report on Friday, September 4th. Deutsche Bank downgraded shares of Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Zacks Research cut Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, Sanford C. Bernstein lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd.

Bunzl Trading Down 1.0%

Shares of Bunzl stock opened at $19.13 on Monday. Bunzl has a 1 year low of $13.32 and a 1 year high of $19.73. The company’s fifty day simple moving average is $18.32 and its 200-day simple moving average is $16.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.81 and a current ratio of 1.38.

Bunzl Company Profile

Bunzl plc is a multinational distribution and services group that supplies businesses with a wide range of essential, non-food products. Its offerings include food packaging and disposable tableware, cleaning and hygiene supplies, personal protective equipment, safety products, healthcare supplies, and retail packaging. The company serves customers across sectors such as foodservice, grocery, retail, healthcare, and manufacturing. Alongside product distribution, Bunzl provides services including sourcing, inventory management, and logistics to help customers manage their supply needs.