Bunzl (OTCMKTS:BZLFY) Upgraded to Hold at Kepler Capital Markets

Bunzl (OTCMKTS:BZLFY - Get Free Report) was upgraded by stock analysts at Kepler Capital Markets to a "hold" rating in a research report issued on Thursday,Zacks.com reports.

Several other analysts also recently issued reports on the company. Barclays raised Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 31st. Royal Bank Of Canada cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, June 17th. Peel Hunt lowered shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Thursday, April 24th. Hsbc Global Res raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 20th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Bunzl Stock Performance

Shares of Bunzl stock traded up $0.12 on Thursday, hitting $15.81. The company had a trading volume of 59,724 shares, compared to its average volume of 95,767. The stock has a 50-day moving average of $15.93 and a 200-day moving average of $18.89. The company has a quick ratio of 0.76, a current ratio of 1.18 and a debt-to-equity ratio of 0.49. Bunzl has a twelve month low of $14.76 and a twelve month 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.