Bunzl (OTCMKTS:BZLFY) Upgraded at Zacks Research

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

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

Bunzl Stock Down 0.5%

Shares of OTCMKTS:BZLFY opened at $18.40 on Tuesday. The stock’s 50-day moving average is $18.20 and its 200-day moving average is $17.31. Bunzl has a 52-week low of $13.32 and a 52-week high of $19.50. The company has a quick ratio of 0.81, a current ratio of 1.38 and a debt-to-equity ratio of 0.61.

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.