Bunzl (OTCMKTS:BZLFY – Get Free Report) is expected to issue its resultson Tuesday, September 1st. Analysts expect the company to post earnings of $0.5480 per share and revenue of $7.9113 billion for the quarter.
Bunzl Stock Up 0.1%
Shares of Bunzl stock opened at $18.94 on Friday. Bunzl has a 1-year low of $13.32 and a 1-year high of $19.50. The business has a 50-day moving average price of $18.42 and a two-hundred day moving average price of $16.59. The company has a current ratio of 1.39, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, August 12th. BNP Paribas Exane upgraded Bunzl from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 9th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bunzl in a research report on Tuesday, July 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of Bunzl in a research note on Thursday, June 25th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
About Bunzl
Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.
The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.
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