B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $10.48, but opened at $11.03. B&M European Value Retail shares last traded at $11.03, with a volume of 230 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They set an “underperform” rating for the company. Citigroup reiterated a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of B&M European Value Retail in a research note on Wednesday. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.
View Our Latest Stock Analysis on BMRRY
B&M European Value Retail Stock Up 3.2%
B&M European Value Retail Company Profile
B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.
Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.
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