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Peel Hunt Upgrades Bunzl (OTCMKTS:BZLFY) to Moderate Buy

Bunzl logo with Multi-Sector Conglomerates background
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Peel Hunt upgraded shares of Bunzl (OTCMKTS:BZLFY - Free Report) to a moderate buy rating in a research note released on Wednesday, March 5th,Zacks.com reports.

Several other research analysts also recently commented on BZLFY. Royal Bank of Canada upgraded Bunzl from a "hold" rating to a "moderate buy" rating in a research note on Monday, December 16th. Citigroup raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Hsbc Global Res lowered shares of Bunzl from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, HSBC downgraded shares of Bunzl from a "buy" rating to a "hold" rating in a report on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Bunzl currently has an average rating of "Moderate Buy".

Read Our Latest Stock Report on BZLFY

Bunzl Price Performance

Bunzl stock traded down $0.20 during trading on Wednesday, hitting $19.15. The stock had a trading volume of 63,943 shares, compared to its average volume of 50,942. The stock's 50 day moving average is $20.79 and its two-hundred day moving average is $34.21. Bunzl has a 1 year low of $18.30 and a 1 year high of $24.57. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75.

About Bunzl

(Get Free Report)

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.

Further Reading

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