Bunzl (OTCMKTS:BZLFY) Upgraded to Strong-Buy at Citigroup

Citigroup upgraded shares of Bunzl (OTCMKTS:BZLFY) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

BZLFY has been the topic of several other reports. HSBC cut shares of Bunzl from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Hsbc Global Res downgraded Bunzl from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, Royal Bank of Canada upgraded Bunzl from a “hold” rating to a “moderate buy” rating in a report on Monday, December 16th.

Bunzl Price Performance

OTCMKTS BZLFY opened at $20.44 on Monday. The company has a 50 day simple moving average of $31.45 and a 200-day simple moving average of $39.76. Bunzl has a 52-week low of $18.30 and a 52-week 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.