B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Stock Rated “Reduce” by Wall Street Brokerages

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) have been given an average recommendation of “Reduce” by the six analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.

Several equities analysts recently commented on BMRRY shares. Panmure Gordon lowered shares of B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Citigroup reiterated a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft upgraded shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a report on Thursday, July 16th. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of B&M European Value Retail in a research report on Wednesday.

B&M European Value Retail Trading Down 2.0%

Shares of BMRRY traded down $0.30 during mid-day trading on Wednesday, hitting $14.40. The company had a trading volume of 264 shares, compared to its average volume of 3,284. The business’s 50-day simple moving average is $13.14 and its 200-day simple moving average is $11.25. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.42 and a quick ratio of 0.48. B&M European Value Retail has a 1-year low of $8.11 and a 1-year high of $15.19.

About B&M European Value Retail

B&M European Value Retail plc is a discount retailer serving customers in the United Kingdom and France. The company operates under the B&M brand in the United Kingdom and France, offering a broad range of products at value-focused prices, including groceries, household goods, home furnishings, garden products, toys, do-it-yourself supplies, and seasonal merchandise.

In the United Kingdom, the group also operates Heron Foods, a discount food retailer focused on frozen, chilled, and ambient groceries.