Bunzl PLC (OTCMKTS:BZLFY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and three have given a strong buy recommendation to the company.

Several research analysts have weighed in on BZLFY shares. Kepler Capital Markets raised shares of Bunzl to a "hold" rating in a report on Thursday, June 19th. Barclays raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Monday, March 31st. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Hsbc Global Res raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 20th. Finally, Royal Bank Of Canada lowered shares of Bunzl from a "moderate buy" rating to a "hold" rating in a report on Tuesday, June 17th.

Bunzl Stock Down 1.3%

Bunzl stock traded down $0.21 during midday trading on Friday, hitting $15.70. 30,472 shares of the stock were exchanged, compared to its average volume of 76,660. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.76 and a current ratio of 1.18. Bunzl has a 1 year low of $14.76 and a 1 year high of $24.57. The company has a 50 day moving average price of $15.93 and a two-hundred day moving average price of $18.47.

Bunzl Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, May 26th will be paid a dividend of $0.3289 per share. This is a positive change from Bunzl's previous dividend of $0.25. The ex-dividend date is Friday, May 23rd. This represents a yield of 2.63%.

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.