Bunzl (OTCMKTS:BZLFY) Upgraded by Royal Bank of Canada to “Moderate Buy” Rating

Bunzl (OTCMKTS:BZLFY) was upgraded by analysts at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a report released on Monday,Zacks.com reports.

Several other analysts have also commented on BZLFY. Hsbc Global Res lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. HSBC cut shares of Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Bunzl Stock Down 3.2 %

Shares of BZLFY opened at $21.45 on Monday. The firm’s 50 day simple moving average is $42.51 and its 200 day simple moving average is $42.45. Bunzl has a 1-year low of $18.30 and a 1-year high of $24.57.

Bunzl Company Profile

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.