B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) has received a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a strong buy recommendation on the company.

Several research firms have recently issued reports on BMRRY. Citigroup cut shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Zacks Research downgraded B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 9th. Finally, Deutsche Bank Aktiengesellschaft cut B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th.

B&M European Value Retail Trading Down 2.2%

Shares of BMRRY opened at $8.83 on Monday. The firm has a 50-day moving average price of $8.81 and a 200 day moving average price of $11.48. B&M European Value Retail has a 52-week low of $8.11 and a 52-week high of $18.56.

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.