Bunzl (OTCMKTS:BZLFY) Stock Rating Lowered by Zacks Research

Bunzl (OTCMKTS:BZLFY) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday, Zacks reports.

Other research analysts have also issued reports about the stock. Deutsche Bank lowered shares of Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Sanford C. Bernstein downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, BNP Paribas Exane lowered shares of Bunzl from an “outperform” rating to a “neutral” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Bunzl currently has a consensus rating of “Hold”.

Bunzl Price Performance

BZLFY opened at $19.31 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 0.61. The company has a fifty day moving average of $18.30 and a 200-day moving average of $16.95. Bunzl has a twelve month low of $13.32 and a twelve month high of $19.73.

Bunzl Company Profile

Bunzl plc is a multinational distribution and services group that supplies businesses with a wide range of essential, non-food products. Its offerings include food packaging and disposable tableware, cleaning and hygiene supplies, personal protective equipment, safety products, healthcare supplies, and retail packaging. The company serves customers across sectors such as foodservice, grocery, retail, healthcare, and manufacturing. Alongside product distribution, Bunzl provides services including sourcing, inventory management, and logistics to help customers manage their supply needs.