Bunzl (OTCMKTS:BZLFY) Stock Rating Upgraded by Barclays

Bunzl (OTCMKTS:BZLFY) was upgraded by Barclays from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts have also recently weighed in on BZLFY. Citigroup raised Bunzl from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 13th. Peel Hunt upgraded Bunzl to a “moderate buy” rating in a report on Wednesday, March 5th. HSBC downgraded Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. 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. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a “hold” rating to a “buy” rating in a research note on Monday, March 24th. One investment analyst has rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Bunzl Stock Performance

Bunzl stock opened at $18.86 on Monday. Bunzl has a 1-year low of $18.30 and a 1-year high of $24.57. The firm’s fifty day simple moving average is $20.38 and its 200-day simple moving average is $31.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15.

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.