HSBC downgraded shares of Bunzl (OTCMKTS:BZLFY – Free Report) from a buy rating to a hold rating in a research note published on Wednesday, Marketbeat.com reports.
Bunzl Price Performance
Shares of OTCMKTS:BZLFY opened at $46.20 on Wednesday. Bunzl has a 52-week low of $36.60 and a 52-week high of $49.13. The business’s 50 day moving average is $45.43 and its 200 day moving average is $42.98.
Bunzl Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2511 per share. The ex-dividend date of this dividend is Friday, November 15th.
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.
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