Bunzl (OTCMKTS:BZLFY) Upgraded at Barclays

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

Several other equities research analysts have also weighed in on BZLFY. Royal Bank of Canada raised Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. Peel Hunt upgraded Bunzl to a “moderate buy” rating in a research report on Wednesday, March 5th. HSBC downgraded Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a “hold” rating to a “buy” rating in a report on Monday, March 24th. Finally, Hsbc Global Res upgraded shares of Bunzl from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 20th. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Bunzl Stock Up 3.9 %

Shares of OTCMKTS BZLFY opened at $19.60 on Monday. Bunzl has a 1 year low of $18.30 and a 1 year high of $24.57. The stock has a fifty day moving average price of $20.35 and a two-hundred day moving average price of $31.21. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 0.39.

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.