Bunzl PLC (OTCMKTS:BZLFY – Get Free Report) reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $19.51 and last traded at $19.43, with a volume of 11,212 shares trading hands. The stock had previously closed at $19.26.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on BZLFY shares. Sanford C. Bernstein downgraded shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. BNP Paribas Exane lowered shares of Bunzl from an “outperform” rating to a “neutral” rating in a research note on Friday, September 4th. Zacks Research raised Bunzl from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bunzl in a report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Stock Report on BZLFY
Bunzl Trading Up 0.9%
The company’s 50 day moving average price is $18.22 and its two-hundred day moving average price is $16.71. The company has a quick ratio of 0.81, a current ratio of 1.38 and a debt-to-equity ratio of 0.61.
Bunzl Company Profile
Bunzl plc is a United Kingdom-based specialist distribution and services company that supplies essential products to businesses across a range of industries. Rather than manufacturing most of the products it sells, Bunzl provides sourcing, inventory management, logistics and other supply-chain services designed to help customers operate efficiently.
Its product portfolio includes foodservice packaging and disposables, cleaning and hygiene supplies, personal protective equipment, workplace safety products, healthcare consumables, catering equipment, retail packaging and related operating supplies.
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