Bunzl plc (OTCMKTS:BZLFY) Receives Consensus Recommendation of “Buy” from Analysts

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

A number of research analysts have commented on the stock. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Hsbc Global Res upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 20th. HSBC lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Citigroup upgraded shares of Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Finally, Peel Hunt upgraded shares of Bunzl to a “moderate buy” rating in a research report on Wednesday, March 5th.

Bunzl Price Performance

BZLFY stock opened at $19.26 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75. Bunzl has a twelve month low of $18.30 and a twelve month high of $24.57. The business’s 50-day simple moving average is $20.46 and its 200 day simple moving average is $31.70.

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.