Bunzl PLC (OTCMKTS:BZLFY) Receives Average Recommendation of “Hold” from Brokerages

Bunzl PLC (OTCMKTS:BZLFY) has been given a consensus rating of “Hold” by the seven research firms that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Bunzl in a research note on Tuesday, July 7th. Citigroup reiterated a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th. BNP Paribas Exane downgraded Bunzl from an “outperform” rating to a “neutral” rating in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft cut Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Sanford C. Bernstein downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd.

Bunzl Stock Down 0.4%

Shares of BZLFY opened at $17.59 on Friday. 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 firm has a fifty day simple moving average of $18.50 and a two-hundred day simple moving average of $16.93. Bunzl has a 1-year low of $13.32 and a 1-year high of $19.50.

About Bunzl

Bunzl plc is an international distribution and outsourcing company that supplies essential products and services to businesses across a range of industries. Its customers include organizations in the foodservice, retail, grocery, healthcare, hospitality, cleaning, safety and industrial sectors.

The company distributes products such as food packaging and disposable supplies, cleaning and hygiene products, personal protective equipment, catering equipment, workplace safety supplies, healthcare consumables and retail packaging.