B&M European Value Retail (OTCMKTS:BMRRY) Lifted to Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of B&M European Value Retail (OTCMKTS:BMRRYGet Rating) from a neutral rating to a buy rating in a report released on Sunday, The Fly reports.

Separately, Jefferies Financial Group cut B&M European Value Retail from a hold rating to an underperform rating in a report on Tuesday, September 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $530.00.

B&M European Value Retail Trading Up 3.1 %

Shares of BMRRY stock opened at $18.94 on Friday. The business’s 50 day simple moving average is $15.17 and its 200 day simple moving average is $17.93. B&M European Value Retail has a one year low of $12.74 and a one year high of $35.51.

B&M European Value Retail Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Monday, November 21st will be issued a dividend of $0.1313 per share. This represents a dividend yield of 8.98%. The ex-dividend date of this dividend is Friday, November 18th.

B&M European Value Retail Company Profile

(Get Rating)

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of 701 stores under the B&M brand, and 311 stores under the Heron Foods and B&M Express brands in the United Kingdom; and 107 stores under the B&M brand in France. It also provides employment and property management services.

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Analyst Recommendations for B&M European Value Retail (OTCMKTS:BMRRY)

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