Zacks Investment Research upgraded shares of Bunzl (OTCMKTS:BZLFY) from a hold rating to a buy rating in a report published on Friday morning. Zacks Investment Research currently has $31.00 price objective on the stock.
According to Zacks, “Bunzl Plc operates in two business areas; Outsourcing Services and Filtrona. As an international componay Bunzl has developed sound partnerships with both suppliers and customers by providing outsourcing solutions and customer service oriented distribution and light manufacture, primarily of plastic and paper based products. “
Shares of Bunzl (OTCMKTS:BZLFY) traded up $0.34 during midday trading on Friday, reaching $28.36. The company’s stock had a trading volume of 20,998 shares, compared to its average volume of 31,479. 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 fifty-two week low of $25.77 and a fifty-two week high of $32.33.
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