Bunzl plc (OTCMKTS:BZLFY) Receives Consensus Rating of “Buy” from Brokerages

Shares of Bunzl plc (OTCMKTS:BZLFY) have earned a consensus rating of “Buy” from the four ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, one has issued a buy recommendation and two have given a strong buy recommendation to the company.

Several research analysts have recently commented on BZLFY shares. Hsbc Global Res raised shares of Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a “hold” rating to a “buy” rating in a research report on Monday. Citigroup upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. HSBC lowered Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, Royal Bank of Canada upgraded Bunzl from a “hold” rating to a “moderate buy” rating in a report on Monday, December 16th.

Bunzl Price Performance

Shares of Bunzl stock opened at $19.26 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. The business has a 50-day moving average of $20.46 and a 200 day moving average of $31.92. Bunzl has a 12 month low of $18.30 and a 12 month high of $24.57.

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.