Bunzl PLC (OTCMKTS:BZLFY - Get Free Report) saw an uptick in trading volume on Wednesday . 217,184 shares changed hands during mid-day trading, an increase of 131% from the previous session's volume of 94,042 shares.The stock last traded at $15.76 and had previously closed at $16.11.
Wall Street Analyst Weigh In
Several analysts recently weighed in on BZLFY shares. Hsbc Global Res upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft upgraded Bunzl from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. Peel Hunt downgraded shares of Bunzl from a "moderate buy" rating to a "hold" rating in a report on Thursday, April 24th. Royal Bank Of Canada downgraded Bunzl from a "moderate buy" rating to a "hold" rating in a report on Tuesday, June 17th. Finally, Kepler Capital Markets upgraded shares of Bunzl to a "hold" rating in a research note on Thursday, June 19th. Four 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 company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Analysis on BZLFY
Bunzl Stock Down 1.6%
The company has a current ratio of 1.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.49. The company's 50-day simple moving average is $15.91 and its 200 day simple moving average is $18.64.
Bunzl Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, May 26th will be given a dividend of $0.3289 per share. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Bunzl's previous dividend of $0.25. This represents a yield of 2.63%.
Bunzl Company Profile
(
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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.
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