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

Key Points

• Bunzl PLC has received an average recommendation of "Moderate Buy" from eight brokerages, with four analysts rating the stock as a hold, one as a buy, and three as a strong buy.
• The company's stock opened at $16.92 on Wednesday, with a 12-month trading range between $14.76 and $24.57.
• Bunzl operates as a distribution and services company, providing products like food packaging and personal protective equipment across several regions including North America and Europe.

Shares of Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company.

A number of analysts have recently issued reports on the company. Kepler Capital Markets upgraded Bunzl to a "hold" rating in a research report on Thursday, June 19th. Royal Bank Of Canada downgraded Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, June 17th.

Bunzl Stock Down 1.8%

Shares of BZLFY traded down $0.30 during trading hours on Wednesday, hitting $16.45. The stock had a trading volume of 34,858 shares, compared to its average volume of 48,254. The company has a quick ratio of 0.76, a current ratio of 1.18 and a debt-to-equity ratio of 0.49. The company's fifty day moving average is $16.06 and its two-hundred day moving average is $16.68. Bunzl has a 52 week low of $14.76 and a 52 week high of $24.17.

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.