Bunzl plc (OTCMKTS:BZLFY) Given Consensus Recommendation of “Buy” by Analysts

Bunzl plc (OTCMKTS:BZLFY) has been given an average recommendation of “Buy” by the four ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, one has issued a buy recommendation and two have assigned a strong buy recommendation to the company.

BZLFY has been the subject of a number of analyst reports. Hsbc Global Res raised Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 20th. HSBC cut Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Peel Hunt upgraded shares of Bunzl to a “moderate buy” rating in a research report on Wednesday, March 5th. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a report on Monday, December 16th. Finally, Citigroup upgraded shares of Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th.

Bunzl Stock Down 1.5 %

OTCMKTS BZLFY opened at $18.86 on Wednesday. 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 52-week low of $18.30 and a 52-week high of $24.57. The firm has a 50-day moving average price of $20.38 and a 200 day moving average price of $31.29.

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.