Bunzl (BZLFY) Lifted to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of Bunzl (OTCMKTS:BZLFY) from a sell rating to a hold rating in a research report released on Thursday morning.
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 opened at $30.89 on Thursday. The firm has a market capitalization of $10.53 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 9.55 and a beta of 0.89. Bunzl has a 1-year low of $26.72 and a 1-year high of $31.98. The company has a current ratio of 1.38, a quick ratio of 0.83 and a debt-to-equity ratio of 1.03.
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.
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