Bunzl plc (OTCMKTS:BZLFY) Given Average Recommendation of “Buy” by Brokerages

Shares of Bunzl plc (OTCMKTS:BZLFY) have been given a consensus rating of “Buy” by the six brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and three have issued a strong buy recommendation on the company.

Several brokerages have recently commented on BZLFY. Hsbc Global Res upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 20th. Deutsche Bank Aktiengesellschaft raised Bunzl from a “hold” rating to a “buy” rating in a research note on Monday, March 24th. Peel Hunt cut Bunzl from a “moderate buy” rating to a “hold” rating in a research note on Thursday, April 24th. Finally, Barclays raised shares of Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 31st.

Bunzl Stock Down 1.2%

Shares of BZLFY opened at $16.55 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75. Bunzl has a 1 year low of $14.76 and a 1 year high of $24.57. The stock has a 50 day simple moving average of $17.88 and a 200-day simple moving average of $24.90.

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, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.