BRAMBLES LTD/S (OTCMKTS:BXBLY) Trading Up 2.8%

BRAMBLES LTD/S (OTCMKTS:BXBLY)’s share price was up 2.8% during trading on Monday . The company traded as high as $15.57 and last traded at $15.11, approximately 1,031,410 shares traded hands during mid-day trading. An increase of 821% from the average daily volume of 111,952 shares. The stock had previously closed at $14.70.

A number of equities analysts have recently commented on BXBLY shares. CLSA raised BRAMBLES LTD/S from an “underperform” rating to an “outperform” rating in a report on Friday, April 17th. Zacks Investment Research upgraded BRAMBLES LTD/S from a “sell” rating to a “hold” rating in a research report on Wednesday, March 11th. Morgan Stanley upgraded BRAMBLES LTD/S from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Goldman Sachs Group upgraded BRAMBLES LTD/S from a “buy” rating to a “conviction-buy” rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group upgraded BRAMBLES LTD/S from an “underperform” rating to a “hold” rating in a research report on Thursday, March 19th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy”.

The stock has a 50-day simple moving average of $15.00 and a two-hundred day simple moving average of $15.25. The firm has a market cap of $11.70 billion, a PE ratio of 23.61 and a beta of 0.90.

BRAMBLES LTD/S Company Profile (OTCMKTS:BXBLY)

Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments.

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