Bunzl plc (OTCMKTS:BZLFY) Given Average Recommendation of "Buy" by Brokerages

Shares of Bunzl plc (OTCMKTS:BZLFY - Get Free Report) have received an average rating of "Buy" from the four brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

BZLFY has been the topic of a number of analyst reports. Citigroup upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Hsbc Global Res upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 20th. Peel Hunt raised Bunzl to a "moderate buy" rating in a report on Wednesday, March 5th. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Finally, Royal Bank of Canada upgraded shares of Bunzl from a "hold" rating to a "moderate buy" rating in a report on Monday, December 16th.

Bunzl Stock Performance

OTCMKTS:BZLFY traded down $0.07 during trading hours on Wednesday, reaching $19.26. The stock had a trading volume of 134,475 shares, compared to its average volume of 57,320. Bunzl has a 12-month low of $18.30 and a 12-month high of $24.57. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. The stock has a 50 day simple moving average of $20.46 and a 200 day simple moving average of $31.81.

Bunzl Company Profile

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.