Bunzl plc (OTCMKTS:BZLFY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Bunzl plc (OTCMKTS:BZLFY) have been assigned an average recommendation of “Buy” from the four analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

A number of research firms recently weighed in on BZLFY. HSBC downgraded Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Hsbc Global Res upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 20th. Peel Hunt raised Bunzl to a “moderate buy” rating in a report on Wednesday, March 5th. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a “hold” rating to a “buy” rating in a research note on Monday.

Bunzl Trading Down 1.0 %

Bunzl stock traded down $0.19 during mid-day trading on Wednesday, reaching $19.24. The company had a trading volume of 52,901 shares, compared to its average volume of 56,343. The business has a fifty day simple moving average of $20.55 and a 200 day simple moving average of $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 fifty-two week low of $18.30 and a fifty-two week 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.