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

Bunzl PLC (OTCMKTS:BZLFY) has received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company.

A number of analysts have commented on the stock. Jefferies Financial Group upgraded shares of Bunzl to a “moderate sell” rating in a report on Wednesday, December 17th. The Goldman Sachs Group raised Bunzl to a “hold” rating in a report on Friday, October 3rd.

Bunzl Price Performance

Shares of OTCMKTS BZLFY opened at $14.03 on Friday. The firm has a 50-day simple moving average of $14.55 and a 200-day simple moving average of $15.50. The company has a current ratio of 1.36, a quick ratio of 0.77 and a debt-to-equity ratio of 0.69. Bunzl has a 52 week low of $13.52 and a 52 week high of $21.94.

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.