Bunzl (OTCMKTS:BZLFY) Upgraded to “Moderate Buy” at Peel Hunt

Bunzl (OTCMKTS:BZLFY) was upgraded by stock analysts at Peel Hunt to a “moderate buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

BZLFY has been the topic of several other research reports. Citigroup upgraded Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Royal Bank of Canada upgraded shares of Bunzl from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 16th. HSBC cut shares of Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Hsbc Global Res lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Bunzl Price Performance

Shares of OTCMKTS:BZLFY opened at $19.88 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.75 and a debt-to-equity ratio of 0.39. Bunzl has a 12-month low of $18.30 and a 12-month high of $24.57. The business’s fifty day simple moving average is $20.85 and its 200-day simple moving average is $34.64.

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.