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

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

BZLFY has been the subject of a number of recent research reports. HSBC downgraded Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Peel Hunt raised 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. Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a “hold” rating to a “buy” rating in a report on Monday. Finally, Hsbc Global Res upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 20th.

Bunzl Price Performance

OTCMKTS:BZLFY traded down $0.19 during mid-day trading on Wednesday, hitting $19.24. 52,901 shares of the company traded hands, compared to its average volume of 56,343. The stock’s fifty day moving average price is $20.55 and its 200-day moving average price is $32.30. 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 has a one year low of $18.30 and a one year 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.