Bunzl (OTCMKTS:BZLFY) Stock Rating Upgraded by Zacks Research

Bunzl (OTCMKTS:BZLFY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday, Zacks reports.

A number of other equities research analysts also recently weighed in on BZLFY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bunzl in a report on Tuesday, July 7th. BNP Paribas Exane cut Bunzl from an “outperform” rating to a “neutral” rating in a report on Friday, September 4th. Citigroup reissued a “buy” rating on shares of Bunzl in a report on Thursday, June 25th. Sanford C. Bernstein downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold”.

Bunzl Trading Down 0.5%

OTCMKTS:BZLFY opened at $18.40 on Tuesday. Bunzl has a 12-month low of $13.32 and a 12-month high of $19.50. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.38 and a quick ratio of 0.81. The firm has a 50-day moving average price of $18.20 and a 200 day moving average price of $17.31.

Bunzl Company Profile

Bunzl plc is a multinational distribution and outsourcing company headquartered in London, United Kingdom. The company supplies essential business-to-business products and provides related services that help organizations manage procurement, inventory and delivery across a range of industries.

Its product portfolio includes foodservice packaging and supplies, cleaning and hygiene products, personal protective equipment, workplace safety equipment, healthcare consumables, retail supplies and catering equipment.