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Brambles Limited (ASX:BXB)‘s stock had its “reduce” rating reaffirmed by equities research analysts at Morningstar in a research note issued to investors on Sunday.

Shares of Brambles Limited (ASX:BXB) opened at 9.670 on Friday. Brambles Limited has a 1-year low of A$7.412 and a 1-year high of A$9.825. The stock’s 50-day moving average is A$9.41 and its 200-day moving average is A$8.91. The company has a market cap of A$15.102 billion and a price-to-earnings ratio of 11.77.

Brambles Limited is a pooling solutions company. The Company’s pooling solutions services consists of three operating business segments: Pallets, RPCs and Containers.

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