Bunzl PLC (OTCMKTS:BZLFY) Given Consensus Rating of “Hold” by Brokerages

Shares of Bunzl PLC (OTCMKTS:BZLFY) have received a consensus recommendation of “Hold” from the five research firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Several equities analysts have issued reports on BZLFY shares. Barclays cut Bunzl from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Royal Bank Of Canada restated a “sector perform” rating on shares of Bunzl in a research note on Tuesday. BNP Paribas Exane raised Bunzl from a “neutral” rating to an “outperform” rating in a report on Tuesday, June 9th. Finally, Citigroup reiterated a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th.

Bunzl Trading Down 0.1%

Shares of OTCMKTS BZLFY traded down $0.02 during mid-day trading on Tuesday, hitting $17.92. 25,661 shares of the company were exchanged, compared to its average volume of 103,206. The stock has a 50 day simple moving average of $16.63 and a 200-day simple moving average of $15.33. Bunzl has a 1-year low of $13.32 and a 1-year high of $18.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.39 and a quick ratio of 0.80.

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.