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

Shares of Bunzl PLC (OTCMKTS:BZLFY) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have issued a strong buy recommendation on the company.

BZLFY has been the subject of several recent analyst reports. Royal Bank Of Canada downgraded Bunzl from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 17th. Kepler Capital Markets upgraded Bunzl to a “hold” rating in a research note on Thursday, June 19th.

Bunzl Stock Performance

Shares of OTCMKTS BZLFY opened at $16.57 on Wednesday. The business’s 50-day moving average price is $16.11 and its two-hundred day moving average price is $16.61. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.76 and a current ratio of 1.18. Bunzl has a one year low of $14.76 and a one year high of $24.15.

About Bunzl

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.