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

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) have been assigned a consensus recommendation 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 rating, three have given a hold rating and two have given a strong buy rating to the company.

Several equities research analysts have weighed in on BMRRY shares. Zacks Research cut B&M European Value Retail from a “hold” rating to a “strong sell” rating in a report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Finally, 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.

B&M European Value Retail Trading Up 1.1%

Shares of OTCMKTS BMRRY opened at $9.23 on Monday. B&M European Value Retail has a 52-week low of $8.11 and a 52-week high of $18.47. The stock has a 50 day moving average price of $8.73 and a 200 day moving average price of $11.33.

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.