Bunzl (OTCMKTS:BZLFY) Stock Rating Upgraded by Peel Hunt

Bunzl (OTCMKTS:BZLFY) was upgraded by equities research analysts at Peel Hunt to a “moderate buy” rating in a report released on Wednesday,Zacks.com reports.

Several other brokerages have also recently commented on BZLFY. 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. Citigroup raised shares of Bunzl from a “hold” rating to a “strong-buy” rating in a report on Monday, January 13th. HSBC lowered Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, Hsbc Global Res lowered Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company 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 debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. Bunzl has a 52-week low of $18.30 and a 52-week high of $24.57. The business has a 50-day moving average price of $20.85 and a 200-day moving average price of $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.