B&M European Value Retail (OTCMKTS:BMRRY – Get Rating) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report issued on Wednesday, The Fly reports.
A number of other analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of B&M European Value Retail from a “hold” rating to a “sell” rating in a report on Thursday, April 14th. Credit Suisse Group cut shares of B&M European Value Retail from an “outperform” rating to a “neutral” rating in a research report on Friday, March 25th. Finally, Royal Bank of Canada upgraded shares of B&M European Value Retail from an “underperform” rating to a “sector perform” rating in a research report on Thursday, February 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, B&M European Value Retail currently has a consensus rating of “Hold” and a consensus target price of $336.46.
Shares of OTCMKTS:BMRRY opened at $19.62 on Wednesday. B&M European Value Retail has a 1-year low of $19.60 and a 1-year high of $35.51. The company’s fifty day moving average is $25.52 and its two-hundred day moving average is $29.69. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.23 and a quick ratio of 0.21.
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.
- Get a free copy of the StockNews.com research report on B&M European Value Retail (BMRRY)
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