Bunzl plc (BZLFY) Stock Rating Lowered by Zacks Investment Research

Bunzl plc (NASDAQ:BZLFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

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. “

Bunzl plc (NASDAQ BZLFY) traded down 0.1068% during mid-day trading on Friday, hitting $30.4075. 5,656 shares of the company were exchanged. The company has a market cap of $10.01 billion and a price-to-earnings ratio of 29.7821. The stock’s 50 day moving average is $31.29 and its 200-day moving average is $28.34. Bunzl plc has a 12-month low of $24.40 and a 12-month high of $32.33.

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Bunzl plc Company Profile

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