Bunzl plc (OTCMKTS:BZLFY - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $32.46 and traded as low as $20.10. Bunzl shares last traded at $20.25, with a volume of 66,860 shares changing hands.
Analysts Set New Price Targets
BZLFY has been the subject of several analyst reports. HSBC downgraded shares of Bunzl from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Royal Bank of Canada raised Bunzl from a "hold" rating to a "moderate buy" rating in a research note on Monday, December 16th. Finally, Hsbc Global Res downgraded Bunzl from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th.
View Our Latest Report on Bunzl
Bunzl Trading Up 0.8 %
The business's fifty day moving average is $32.46 and its two-hundred day moving average is $40.02.
Bunzl Company Profile
(
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Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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