Bunzl (BZLFY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Bunzl (OTCMKTS:BZLFY) from a hold rating to a buy rating in a report released on Thursday. The firm currently has $31.00 target price on the stock.

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. “

Shares of Bunzl (BZLFY) traded down $0.20 during mid-day trading on Thursday, reaching $26.85. The company’s stock had a trading volume of 16,623 shares, compared to its average volume of 112,835. Bunzl has a one year low of $25.30 and a one year high of $32.33. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.82 and a current ratio of 1.36.

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Bunzl Company Profile

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