Bunzl (OTCMKTS:BZLFY) Upgraded at Hsbc Global Res

Hsbc Global Res upgraded shares of Bunzl (OTCMKTS:BZLFY) from a hold rating to a strong-buy rating in a research note released on Thursday morning,Zacks.com reports.

BZLFY has been the topic of a number of other research reports. Royal Bank of Canada raised shares of Bunzl from a “hold” rating to a “moderate buy” rating in a report on Monday, December 16th. Citigroup raised Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. HSBC cut Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, Peel Hunt raised Bunzl to a “moderate buy” rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Bunzl currently has a consensus rating of “Buy”.

Bunzl Trading Down 1.1 %

Shares of BZLFY stock opened at $19.15 on Thursday. The business’s fifty day moving average price is $20.59 and its 200 day moving average price is $32.79. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 0.39. Bunzl has a 1-year low of $18.30 and a 1-year high of $24.57.

About Bunzl

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.