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

B&M European Value Retail (OTCMKTS:BMRRY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other brokerages also recently weighed in on BMRRY. Citigroup downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft downgraded shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

B&M European Value Retail Stock Down 0.9%

BMRRY stock opened at $8.83 on Monday. The business’s 50-day moving average price is $8.73 and its 200-day moving average price is $11.19. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.13. B&M European Value Retail has a twelve month low of $8.11 and a twelve month high of $18.47.

About B&M European Value Retail

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.