B&M European Value Retail (OTCMKTS:BMRRY) Rating Lowered to Strong Sell at Zacks Research

B&M European Value Retail (OTCMKTS:BMRRYGet 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

OTCMKTS BMRRY opened at $10.10 on Tuesday. The company has a quick ratio of 0.48, a current ratio of 1.42 and a debt-to-equity ratio of 2.78. The firm’s fifty day moving average price is $9.67 and its two-hundred day moving average price is $9.43. B&M European Value Retail has a 1 year low of $8.11 and a 1 year high of $15.18.

About B&M European Value Retail

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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

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