Bunzl PLC (OTCMKTS:BZLFY) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts' consensus is a “Hold”: six brokerages cover Bunzl PLC and give a consensus hold rating, with recent moves including Barclays cutting from strong-buy to hold and individual ratings from BNP Paribas Exane (neutral) and Jefferies (moderate sell).
• Shares trading near recent lows: BZLFY opened at $15.02, with a 12‑month range of $13.32–$20.44 and 50‑ and 200‑day moving averages around $14.66 and $14.82, respectively.
• Company profile: Bunzl is a London‑based multinational distributor and outsourcing specialist supplying non‑food consumables such as packaging, cleaning and hygiene products, PPE and catering disposables to a broad range of end markets.

Shares of Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) have been given a consensus recommendation of "Hold" by the six brokerages that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation.

Several brokerages have commented on BZLFY. BNP Paribas Exane downgraded shares of Bunzl to a "neutral" rating in a research report on Monday, January 5th. Jefferies Financial Group upgraded shares of Bunzl to a "moderate sell" rating in a research report on Wednesday, December 17th. Finally, Barclays cut shares of Bunzl from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 19th.

Bunzl Price Performance

BZLFY stock opened at $15.02 on Friday. Bunzl has a 12 month low of $13.32 and a 12 month high of $20.44. The company has a 50-day moving average price of $14.66 and a 200 day moving average price of $14.82.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company's product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.

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