Bunzl PLC (OTCMKTS:BZLFY) Given Average Rating of “Moderate Buy” by Brokerages

Bunzl PLC (OTCMKTS:BZLFY) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.

A number of analysts have recently commented on the stock. BNP Paribas Exane lowered shares of Bunzl to a “neutral” rating in a research note on Monday, January 5th. Jefferies Financial Group upgraded shares of Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th.

Bunzl Trading Down 1.3%

BZLFY stock opened at $14.68 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.77 and a current ratio of 1.36. Bunzl has a 1-year low of $13.32 and a 1-year high of $21.94. The business has a fifty day moving average price of $14.16 and a 200-day moving average price of $15.16.

Bunzl Company Profile

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.