Bunzl (OTCMKTS:BZLFY) Rating Increased to Strong-Buy at Barclays

Barclays upgraded shares of Bunzl (OTCMKTS:BZLFY - Free Report) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks.com reports.

Several other research analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a report on Monday, March 24th. HSBC lowered Bunzl from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Peel Hunt raised Bunzl to a "moderate buy" rating in a research note on Wednesday, March 5th. Royal Bank of Canada raised Bunzl from a "hold" rating to a "moderate buy" rating in a report on Monday, December 16th. Finally, Citigroup raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Monday, January 13th. One analyst has rated the stock with a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy".

Bunzl Trading Down 2.8 %

Shares of Bunzl stock traded down $0.56 on Monday, hitting $19.31. 21,925 shares of the company traded hands, compared to its average volume of 83,739. The company has a current ratio of 1.15, a quick ratio of 0.75 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $20.29 and a 200 day simple moving average of $30.80. Bunzl has a 52 week low of $18.30 and a 52 week high of $24.57.

Bunzl Company Profile

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.