B & M EUROPEAN VAL (BMRRY) Upgraded by Zacks Investment Research to “Buy”

B & M EUROPEAN VAL (OTCMKTS:BMRRY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday. The firm currently has a $26.00 price objective on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 9.20% from the company’s current price.

According to Zacks, “B&M European Value Retail S.A. is a multiprice value retailer. It offers fast-moving consumer goods and non-grocery products. The company operates primarily in United Kingdom and Germany. B&M European Value Retail S.A. is based in Luxembourg. “

Shares of B & M EUROPEAN VAL (OTCMKTS:BMRRY) traded up $0.80 during midday trading on Wednesday, reaching $23.81. The company’s stock had a trading volume of 9,625 shares, compared to its average volume of 4,810. B & M EUROPEAN VAL has a fifty-two week low of $14.42 and a fifty-two week high of $24.27. The company has a quick ratio of 0.31, a current ratio of 1.53 and a debt-to-equity ratio of 0.68.

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B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. Its stores offer products in various categories, such as home furnishings and adornments, electricals, toys, clothing and footwear products, household goods, toiletries, foods, confectioneries, soft drinks, alcohol, Halloween and Christmas goods, giftware, stationery and crafts, pet care products, DIY and decorating products, and travel accessories, as well as gardening, outdoor, and leisure products.

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