Bunzl (BZLFY) Upgraded to “Hold” at Zacks Investment Research

Bunzl (OTCMKTS:BZLFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Bunzl Plc operates in two business areas; Outsourcing Services and Filtrona. As an international componay Bunzl has developed sound partnerships with both suppliers and customers by providing outsourcing solutions and customer service oriented distribution and light manufacture, primarily of plastic and paper based products. “

OTCMKTS BZLFY traded up $0.09 during trading hours on Tuesday, hitting $29.67. The company had a trading volume of 12,103 shares, compared to its average volume of 20,491. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.33 and a quick ratio of 0.83. Bunzl has a 1-year low of $26.72 and a 1-year high of $32.39. The company has a market capitalization of $9.80 billion, a PE ratio of 19.39, a P/E/G ratio of 8.91 and a beta of 0.88.

About Bunzl

Bunzl plc provides distribution and outsourcing services primarily in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides non-food consumables, including food packaging, napkins, disposable tableware, food service disposables, guest amenities, light and heavy catering equipment, cleaning and hygiene products, and safety items to hotels, restaurants, caterers, and food processors and packers, as well as the leisure sector.

Read More: What is intrinsic value?

Get a free copy of the Zacks research report on Bunzl (BZLFY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Bunzl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunzl and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply