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

Zacks Research upgraded shares of B&M European Value Retail (OTCMKTS:BMRRY) from a strong sell rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

Several other research analysts have also recently issued reports on BMRRY. Panmure Gordon cut B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Sanford C. Bernstein started coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating on the stock. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Finally, 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. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, B&M European Value Retail has a consensus rating of “Reduce”.

B&M European Value Retail Stock Down 0.0%

BMRRY stock opened at $12.24 on Wednesday. B&M European Value Retail has a 1 year low of $8.11 and a 1 year high of $14.16. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.48 and a current ratio of 1.42. The stock’s fifty day moving average price is $10.46 and its 200-day moving average price is $9.74.

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.