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

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

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

Bunzl Stock Performance

OTCMKTS:BZLFY opened at $18.40 on Tuesday. Bunzl has a 1 year low of $13.32 and a 1 year high of $19.50. The firm has a 50 day moving average of $18.20 and a 200-day moving average of $17.31. The company has a current ratio of 1.38, a quick ratio of 0.81 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.