Bunzl PLC (OTCMKTS:BZLFY) Stock Rated “Hold” by Sell-Side Brokerages

Bunzl PLC (OTCMKTS:BZLFY) has earned an average recommendation of “Hold” from the seven research firms that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company.

A number of analysts recently weighed in on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Bunzl in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft cut shares of Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, August 12th. BNP Paribas Exane downgraded shares of Bunzl from an “outperform” rating to a “neutral” rating in a research report on Friday, September 4th. Sanford C. Bernstein lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 2nd. Finally, Citigroup reaffirmed a “buy” rating on shares of Bunzl in a research report on Thursday, June 25th.

Bunzl Trading Down 1.3%

Shares of OTCMKTS BZLFY opened at $17.63 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.39. The stock’s 50-day moving average is $18.42 and its two-hundred day moving average is $17.03. Bunzl has a 1-year low of $13.32 and a 1-year high of $19.50.

Bunzl Company Profile

Bunzl plc is an international distribution and outsourcing company that supplies essential products and services to businesses across a range of industries. Its customers include organizations in the foodservice, retail, grocery, healthcare, hospitality, cleaning, safety and industrial sectors.

The company distributes products such as food packaging and disposable supplies, cleaning and hygiene products, personal protective equipment, catering equipment, workplace safety supplies, healthcare consumables and retail packaging.