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

Bunzl PLC (OTCMKTS:BZLFY – Get Free Report) has been assigned a consensus rating of “Hold” from the six analysts that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of equities analysts have issued reports on the stock. BNP Paribas Exane raised shares of Bunzl from a “neutral” rating to an “outperform” rating in a report on Tuesday, June 9th. Royal Bank Of Canada restated a “sector perform” rating on shares of Bunzl in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft lowered Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Citigroup reissued a “buy” rating on shares of Bunzl in a report on Thursday, June 25th.

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Bunzl Price Performance

OTCMKTS BZLFY opened at $19.14 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.39 and a debt-to-equity ratio of 0.62. Bunzl has a one year low of $13.32 and a one year high of $19.50. The company has a 50-day simple moving average of $18.28 and a 200-day simple moving average of $16.51.

Bunzl Company Profile

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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.

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