B&M European Value Retail (OTCMKTS:BMRRY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
Several other research firms have also weighed in on BMRRY. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of B&M European Value Retail in a research note on Wednesday, June 10th. Finally, Sanford C. Bernstein initiated coverage on B&M European Value Retail in a report on Friday, May 15th. They set an “underperform” rating for the company. One analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, B&M European Value Retail currently has a consensus rating of “Strong Sell”.
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B&M European Value Retail Price Performance
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.
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