B&M European Value Retail (OTCMKTS:BMRRY) Upgraded at Zacks Research

B&M European Value Retail (OTCMKTS:BMRRY – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

BMRRY has been the topic of several other research reports. Panmure Gordon lowered B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft raised shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a report on Thursday, July 16th. Sanford C. Bernstein assumed coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating for the company. Finally, Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

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B&M European Value Retail Stock Down 0.0%

B&M European Value Retail stock opened at $12.24 on Wednesday. B&M European Value Retail has a 52 week low of $8.11 and a 52 week high of $14.16. The business’s 50-day moving average price is $10.46 and its 200 day moving average price is $9.74. The company has a quick ratio of 0.48, a current ratio of 1.42 and a debt-to-equity ratio of 2.78.

B&M European Value Retail Company Profile

(Get Free Report)

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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