Bunzl plc (OTCMKTS:BZLFY) Given Average Recommendation of “Buy” by Analysts

Shares of Bunzl plc (OTCMKTS:BZLFY) have been given an average recommendation of “Buy” by the four brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.

Several brokerages recently weighed in on BZLFY. Citigroup upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised Bunzl from a “hold” rating to a “buy” rating in a research note on Monday. Peel Hunt raised shares of Bunzl to a “moderate buy” rating in a research note on Wednesday, March 5th. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 16th. Finally, HSBC lowered shares of Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

Bunzl Trading Down 0.4 %

Shares of BZLFY opened at $19.26 on Wednesday. Bunzl has a 52 week low of $18.30 and a 52 week high of $24.57. The stock’s 50-day moving average price is $20.46 and its 200-day moving average price is $31.92. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15.

Bunzl Company Profile

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.