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

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

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

Bunzl Trading Down 1.1%

BZLFY stock opened at $14.91 on Wednesday. The stock has a 50-day simple moving average of $14.31 and a two-hundred day simple moving average of $15.07. Bunzl has a twelve month low of $13.32 and a twelve month high of $20.44. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69.

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.