Barclays Upgrades B&M European Value Retail (OTCMKTS:BMRRY) to Strong-Buy

B&M European Value Retail (OTCMKTS:BMRRY) was upgraded by equities researchers at Barclays to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of B&M European Value Retail in a research report on Wednesday, April 16th. Berenberg Bank upgraded B&M European Value Retail to a “strong-buy” rating in a report on Friday, April 11th. Finally, The Goldman Sachs Group downgraded B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th.

B&M European Value Retail Price Performance

Shares of BMRRY opened at $18.33 on Thursday. The business’s 50 day moving average is $16.69 and its two-hundred day moving average is $16.43. B&M European Value Retail has a 52-week low of $12.92 and a 52-week high of $28.45. The company has a quick ratio of 0.23, a current ratio of 1.06 and a debt-to-equity ratio of 2.58.

About B&M European Value Retail

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 Munsbach, Luxembourg.