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

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Bunzl plc (OTCMKTS:BZLFY) has been assigned an average recommendation of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company.

BZLFY has been the topic of several research reports. Royal Bank of Canada upgraded shares of Bunzl from an “underperform” rating to a “sector perform” rating in a report on Tuesday, March 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bunzl in a report on Wednesday, March 3rd. UBS Group restated a “sell” rating on shares of Bunzl in a report on Friday, March 5th. Peel Hunt raised Bunzl to a “buy” rating in a research report on Wednesday, March 3rd. Finally, Zacks Investment Research downgraded Bunzl from a “buy” rating to a “hold” rating in a research report on Thursday, April 29th.

BZLFY traded up $0.12 during trading hours on Tuesday, reaching $33.43. The company’s stock had a trading volume of 15,610 shares, compared to its average volume of 19,433. The company’s 50-day moving average is $33.34 and its 200-day moving average is $33.03. Bunzl has a 52 week low of $20.06 and a 52 week high of $36.02. The firm has a market cap of $11.26 billion, a PE ratio of 19.78 and a beta of 0.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.83 and a current ratio of 1.34.

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, counter-service packaging, foodservice disposables, take-out food packaging, first aid products, point of purchase displays, stationery, bags, and cleaning and hygiene supplies to grocery stores, supermarkets, retail chains, convenience stores, food wholesalers, ethnic grocers, and organic food outlets.

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Analyst Recommendations for Bunzl (OTCMKTS:BZLFY)

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