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

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

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

Bunzl Stock Performance

OTCMKTS BZLFY opened at $18.92 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 50-day simple moving average of $17.43 and a 200 day simple moving average of $15.90. Bunzl has a twelve month low of $13.32 and a twelve month high of $19.00.

About Bunzl

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.