Bunzl (OTCMKTS:BZLFY) Raised to Moderate Buy at Royal Bank of Canada

Bunzl (OTCMKTS:BZLFY) was upgraded by stock 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 brokerages have also commented on BZLFY. Hsbc Global Res lowered Bunzl from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. HSBC cut Bunzl from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Bunzl Price Performance

OTCMKTS:BZLFY opened at $21.45 on Monday. Bunzl has a 52 week low of $18.30 and a 52 week high of $24.57. The firm has a 50 day moving average of $42.51 and a 200 day moving average of $42.45.

About Bunzl

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.