Bunzl plc (OTCMKTS:BZLFY) fell 0.3% during trading on Tuesday . The company traded as low as $26.42 and last traded at $26.43, 20,478 shares changed hands during trading. A decline of 58% from the average session volume of 48,565 shares. The stock had previously closed at $26.50.

Separately, Zacks Investment Research raised Bunzl from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Tuesday, October 29th.

The business has a fifty day moving average of $25.83 and a 200-day moving average of $26.50. The firm has a market cap of $8.92 billion, a PE ratio of 15.37 and a beta of 0.66.


Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides non-food consumables, including food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as the leisure sector.

Read More: What does an inverted yield curve signify?

Receive News & Ratings for Bunzl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunzl and related companies with MarketBeat.com's FREE daily email newsletter.