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

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

Several other equities research analysts also recently commented on the company. Sanford C. Bernstein started coverage on B&M European Value Retail in a report on Friday, May 15th. They set an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of B&M European Value Retail in a research note on Wednesday, June 10th. Finally, Citigroup reaffirmed a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday, June 11th. One analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, B&M European Value Retail has an average rating of “Strong Sell”.

B&M European Value Retail Stock Performance

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

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.