Bunzl (OTCMKTS:BZLFY) Lowered to "Hold" Rating by Peel Hunt

Bunzl (OTCMKTS:BZLFY - Get Free Report) was downgraded by stock analysts at Peel Hunt from a "moderate buy" rating to a "hold" rating in a research note issued on Thursday, April 24th,Zacks.com reports.

BZLFY has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a "hold" rating to a "buy" rating in a report on Monday, March 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. Barclays raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. Finally, Citigroup raised shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 13th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy".

Bunzl Stock Up 1.0 %

OTCMKTS:BZLFY traded up $0.16 during mid-day trading on Thursday, hitting $15.65. 101,767 shares of the company's stock traded hands, compared to its average volume of 97,679. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. The firm's 50 day simple moving average is $18.64 and its 200 day simple moving average is $26.93. Bunzl has a 1 year low of $14.76 and a 1 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.