Shares of Bunzl plc (OTCMKTS:BZLFY - Get Free Report) have earned an average rating of "Buy" from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have issued a strong buy recommendation on the company.
Several brokerages have recently commented on BZLFY. Hsbc Global Res upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 20th. Barclays upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 31st. Peel Hunt cut shares of Bunzl from a "moderate buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bunzl from a "hold" rating to a "buy" rating in a research report on Monday, March 24th.
Check Out Our Latest Report on Bunzl
Bunzl Trading Down 1.5%
OTCMKTS BZLFY traded down $0.26 during trading on Thursday, reaching $16.63. The company's stock had a trading volume of 55,853 shares, compared to its average volume of 97,202. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.15 and a quick ratio of 0.75. The firm has a fifty day moving average of $17.62 and a 200 day moving average of $23.91. Bunzl has a one year low of $14.76 and a one year high of $24.57.
Bunzl Increases Dividend
The business also recently declared 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. This represents a yield of 2.63%. This is a positive change from Bunzl's previous dividend of $0.25. The ex-dividend date is Friday, May 23rd.
About Bunzl
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Get Free ReportBunzl 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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