B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $11.40, but opened at $12.0550. B&M European Value Retail shares last traded at $12.04, with a volume of 580 shares trading hands.
Analysts Set New Price Targets
BMRRY has been the topic of a number of research reports. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Sanford C. Bernstein began coverage on shares of B&M European Value Retail in a research report on Friday, May 15th. They set an “underperform” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Panmure Gordon downgraded shares of B&M European Value Retail to a “hold” rating in a research note on Wednesday, July 15th. Finally, Zacks Research downgraded shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, B&M European Value Retail has an average rating of “Reduce”.
View Our Latest Analysis on BMRRY
B&M European Value Retail Price Performance
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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