B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Still a Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares gapped up before the market opened on Wednesday. The stock had previously closed at $12.77, but opened at $13.53. B&M European Value Retail shares last traded at $13.53, with a volume of 115 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently commented on BMRRY. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Finally, Panmure Gordon cut B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, B&M European Value Retail presently has a consensus rating of “Reduce”.

B&M European Value Retail Price Performance

The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The business’s fifty day moving average is $12.70 and its two-hundred day moving average is $10.80.

About B&M European Value Retail

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.