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

Bunzl (OTCMKTS:BZLFY) was upgraded by stock analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other research analysts have also issued reports on the company. HSBC lowered Bunzl from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Royal Bank of Canada raised shares of Bunzl from a “hold” rating to a “moderate buy” rating in a report on Monday, December 16th. Finally, Hsbc Global Res lowered shares of Bunzl from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

Bunzl Stock Up 0.7 %

BZLFY opened at $20.44 on Monday. The business’s 50 day moving average is $31.45 and its 200-day moving average is $39.76. Bunzl has a twelve month low of $18.30 and a twelve month 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.