B&M European Value Retail (OTCMKTS:BMRRY) Lifted to Overweight at Barclays

B&M European Value Retail (OTCMKTS:BMRRYGet Rating) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Wednesday, The Fly reports.

Other equities analysts have also issued reports about the stock. Credit Suisse Group lowered shares of B&M European Value Retail from an “outperform” rating to a “neutral” rating in a report on Friday, March 25th. Berenberg Bank lowered their target price on shares of B&M European Value Retail from GBX 630 ($7.65) to GBX 460 ($5.58) in a report on Wednesday, June 8th. Deutsche Bank Aktiengesellschaft raised shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research report on Wednesday, June 1st. Finally, UBS Group reduced their price target on shares of B&M European Value Retail from GBX 560 ($6.80) to GBX 385 ($4.67) in a research report on Wednesday, June 8th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $430.37.

Shares of BMRRY opened at $17.24 on Wednesday. The company has a 50-day simple moving average of $23.41 and a two-hundred day simple moving average of $28.72. B&M European Value Retail has a one year low of $17.03 and a one year high of $35.51. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.21 and a current ratio of 1.23.

About B&M European Value Retail (Get Rating)

B&M European Value Retail SA operates general merchandise and grocery stores. As of March 31, 2020, it operated 656 B&M branded stores and 293 Heron Foods branded stores in the United Kingdom; and 101 stores in France under the Babou and B&M brand. It also provides employment and administrative services.

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