B&M European Value Retail (OTCMKTS:BMRRY) Upgraded 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 report released on Monday,Zacks.com reports.

A number of other equities analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Citigroup lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

B&M European Value Retail Trading Up 1.0%

BMRRY stock opened at $8.92 on Monday. B&M European Value Retail has a 12-month low of $8.11 and a 12-month high of $18.47. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.13. The company has a 50 day moving average of $8.73 and a two-hundred day moving average of $11.17.

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.