Equities Analysts Offer Predictions for Bunzl plc’s FY2019 Earnings (BZLFY)

Bunzl plc (OTCMKTS:BZLFY) – Research analysts at Jefferies Group issued their FY2019 earnings per share estimates for shares of Bunzl in a research report issued on Tuesday, according to Zacks Investment Research. Jefferies Group analyst W. Kirkness anticipates that the company will post earnings per share of $1.71 for the year.

Several other equities analysts have also recently commented on BZLFY. Zacks Investment Research raised Bunzl from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Thursday, December 14th. Goldman Sachs raised Bunzl from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th.

Bunzl stock opened at $28.90 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 0.82. Bunzl has a twelve month low of $26.72 and a twelve month high of $32.33.

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Bunzl Company Profile

Bunzl plc is engaged in the distribution and outsourcing service. It supplies a range of non-food products to a range of market sectors. Its segments include North America, Continental Europe, UK & Ireland, and Rest of the World. It serves six market sectors, including foodservice, which offers non-food consumables, including food packaging and guest amenities, to hotels and restaurants, among others; grocery, which includes foods not for resale, including films and labels, to grocery stores and supermarkets, among others; cleaning and hygiene, which offers materials, including chemicals and hygiene paper, to cleaning and facilities management companies, among others; safety, which offers personal protection equipment, to industrial and construction markets; retail, which includes goods not for resale, such as packaging and other store supplies, and healthcare, which offers disposable healthcare consumables, including gloves and bandages, to hospitals and care homes, among others.

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