B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Time to Buy?

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”.

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View Our Latest Stock Analysis on BMRRY

B&M European Value Retail Stock Up 3.2%

The business’s 50-day moving average price is $9.50 and its 200-day moving average price is $9.28. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26.

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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