B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) shares shot up 7.1% during trading on Thursday . The company traded as high as $9.76 and last traded at $9.76. 7,351 shares changed hands during trading, an increase of 1% from the average session volume of 7,281 shares. The stock had previously closed at $9.11.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. Citigroup lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Zacks Research raised shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft cut shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, B&M European Value Retail has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on BMRRY
B&M European Value Retail Stock Up 7.1%
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.
Further Reading
Receive News & Ratings for B&M European Value Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail and related companies with MarketBeat.com's FREE daily email newsletter.
