B&M European Value Retail S.A. (OTCMKTS:BMRRY) Given Average Rating of “Moderate Buy” by Brokerages

Posted by on Sep 8th, 2023

B&M European Value Retail S.A. (OTCMKTS:BMRRY – Get Free Report) has received a consensus rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company.

A number of analysts have weighed in on BMRRY shares. JPMorgan Chase & Co. downgraded shares of B&M European Value Retail from an “overweight” rating to an “underweight” rating in a research report on Tuesday. Stifel Nicolaus raised shares of B&M European Value Retail from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. Barclays lifted their target price on shares of B&M European Value Retail from GBX 565 ($7.14) to GBX 620 ($7.83) in a research note on Friday, June 30th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of B&M European Value Retail from GBX 600 ($7.58) to GBX 610 ($7.70) in a research report on Friday, June 30th.

Read Our Latest Analysis on BMRRY

B&M European Value Retail Trading Down 0.0 %

Shares of BMRRY stock opened at $27.80 on Tuesday. The stock has a 50-day moving average of $28.27 and a 200-day moving average of $25.92. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.29 and a quick ratio of 0.37. B&M European Value Retail has a 1-year low of $12.74 and a 1-year high of $29.85.

B&M European Value Retail Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 18th. Stockholders of record on Friday, June 30th were paid a $0.2979 dividend. The ex-dividend date of this dividend was Thursday, June 29th. This represents a dividend yield of 4.3%.

B&M European Value Retail Company Profile

(Get Free Report

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Luxembourg, Luxembourg.

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Analyst Recommendations for B&M European Value Retail (OTCMKTS:BMRRY)

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