Bunzl (OTCMKTS:BZLFY) Upgraded by Barclays to “Strong-Buy” Rating

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

A number of other equities research analysts have also recently weighed in on BZLFY. Citigroup raised 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. Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a “hold” rating to a “buy” rating in a research report on Monday, March 24th. Hsbc Global Res upgraded shares of Bunzl from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 20th. Finally, Peel Hunt raised shares of Bunzl to a “moderate buy” rating in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Bunzl Stock Performance

Shares of BZLFY stock opened at $19.60 on Monday. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $20.35 and its 200 day simple moving average is $31.21. Bunzl has a one year low of $18.30 and a one 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.