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

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

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

Bunzl Trading Up 1.3%

Shares of OTCMKTS:BZLFY opened at $17.87 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 company has a 50-day moving average price of $18.45 and a two-hundred day moving average price of $17.03. Bunzl has a twelve month low of $13.32 and a twelve month 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.