Bunzl PLC (OTCMKTS:BZLFY) Stock Now Rated “Hold” by Wall Street Brokerages

by · The Markets Daily

Shares of Bunzl PLC (OTCMKTS:BZLFY – Get Free Report) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently issued reports on BZLFY. BNP Paribas Exane cut Bunzl from an “outperform” rating to a “neutral” rating in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft downgraded Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Zacks Research raised Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Bunzl in a research note on Tuesday, July 7th. Finally, Citigroup restated a “buy” rating on shares of Bunzl in a report on Thursday, June 25th.

Read Our Latest Analysis on Bunzl

Bunzl Stock Performance

Shares of BZLFY stock opened at $18.70 on Thursday. The company’s fifty day simple moving average is $18.18 and its two-hundred day simple moving average is $17.40. Bunzl has a 52 week low of $13.32 and a 52 week high of $19.50. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 0.61.

Bunzl Company Profile

(Get Free Report)

Bunzl plc is a United Kingdom-based specialist distribution and services company that supplies essential products to businesses across a range of industries. Rather than manufacturing most of the products it sells, Bunzl provides sourcing, inventory management, logistics and other supply-chain services designed to help customers operate efficiently.

Its product portfolio includes foodservice packaging and disposables, cleaning and hygiene supplies, personal protective equipment, workplace safety products, healthcare consumables, catering equipment, retail packaging and related operating supplies.

See Also