B&M EURO VALUE/ADR (OTCMKTS:BMRRY) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of B&M EURO VALUE/ADR (OTCMKTS:BMRRY) from a strong sell rating to a hold rating in a report published on Thursday morning, Zacks.com reports.

According to Zacks, “B&M European Value Retail S.A. is a multiprice value retailer. It offers fast-moving consumer goods and non-grocery products. The company operates primarily in United Kingdom and Germany. B&M European Value Retail S.A. is based in Luxembourg. “

Separately, ValuEngine upgraded B&M EURO VALUE/ADR from a sell rating to a hold rating in a research report on Thursday, April 4th.

BMRRY stock opened at $16.97 on Thursday. The company has a quick ratio of 0.29, a current ratio of 1.60 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $4.32 billion, a PE ratio of 17.86, a P/E/G ratio of 1.38 and a beta of 1.24. B&M EURO VALUE/ADR has a 1 year low of $13.91 and a 1 year high of $22.62.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 16th. Investors of record on Friday, June 21st will be given a $0.164 dividend. This is a positive change from B&M EURO VALUE/ADR’s previous Semi-Annual dividend of $0.08. The ex-dividend date is Thursday, June 20th. B&M EURO VALUE/ADR’s dividend payout ratio is presently 20.00%.

About B&M EURO VALUE/ADR

B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.

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