Bunzl (OTCMKTS:BZLFY) Stock Lifted to Strong-Buy by Zacks Research

Zacks Research upgraded shares of Bunzl (OTCMKTS:BZLFY) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks reports.

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

Bunzl Stock Down 0.5%

Bunzl stock opened at $18.40 on Tuesday. The stock has a fifty day moving average price of $18.20 and a 200 day moving average price of $17.31. Bunzl has a 52 week low of $13.32 and a 52 week high of $19.50. 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.