Bunzl plc (OTCMKTS:BZLFY - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.93 and traded as high as $20.44. Bunzl shares last traded at $20.35, with a volume of 63,836 shares trading hands.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. Peel Hunt upgraded Bunzl to a "moderate buy" rating in a report on Wednesday, March 5th. Deutsche Bank Aktiengesellschaft upgraded Bunzl from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Citigroup raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Hsbc Global Res upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 20th. Finally, Barclays raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 31st. One 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 MarketBeat, the stock currently has a consensus rating of "Buy".
View Our Latest Report on Bunzl
Bunzl Price Performance
The stock has a 50 day simple moving average of $19.58 and a two-hundred day simple moving average of $28.34. The company has a quick ratio of 0.75, a current ratio of 1.15 and a debt-to-equity ratio of 0.39.
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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