B&M European Value Retail (OTCMKTS:BMRRY) Reaches New 1-Year Low at $24.18

B&M European Value Retail S.A. (OTCMKTS:BMRRY – Get Rating) reached a new 52-week low on Thursday . The company traded as low as $24.18 and last traded at $24.50, with a volume of 58585 shares. The stock had previously closed at $24.59.

BMRRY has been the subject of a number of analyst reports. Royal Bank of Canada raised B&M European Value Retail from an “underperform” rating to a “sector perform” rating in a report on Thursday, February 10th. The Goldman Sachs Group upgraded B&M European Value Retail from a “sell” rating to a “neutral” rating in a research note on Tuesday, January 25th. Barclays upped their target price on B&M European Value Retail from GBX 550 ($7.01) to GBX 600 ($7.65) in a research note on Friday, January 28th. Zacks Investment Research lowered B&M European Value Retail from a “hold” rating to a “sell” rating in a research note on Thursday, April 14th. Finally, Credit Suisse Group lowered B&M European Value Retail from an “outperform” rating to a “neutral” rating in a research note on Friday, March 25th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $336.46.

The stock has a 50-day simple moving average of $29.08 and a 200-day simple moving average of $31.42. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.21 and a current ratio of 1.23.

B&M European Value Retail Company Profile (OTCMKTS:BMRRY)

B&M European Value Retail SA operates general merchandise and grocery stores. As of March 31, 2020, it operated 656 B&M branded stores and 293 Heron Foods branded stores in the United Kingdom; and 101 stores in France under the Babou and B&M brand. It also provides employment and administrative services.

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