B&M Euro VALUE/ADR (BMRRY) Lowered to “Sell” at Zacks Investment Research
Zacks Investment Research downgraded shares of B&M Euro VALUE/ADR (OTCMKTS:BMRRY) from a hold rating to a sell rating in a research report sent to investors on Monday.
According to Zacks, “B&M European Value Retail S.A. is a multiprice value retailer. It offers fast-moving consumer goods and non-grocery products. The company operates primarily in United Kingdom and Germany. B&M European Value Retail S.A. is based in Luxembourg. “
Separately, ValuEngine cut B&M Euro VALUE/ADR from a hold rating to a sell rating in a research report on Friday, November 16th.
The firm also recently announced a Semi-Annual dividend, which will be paid on Tuesday, January 8th. Investors of record on Monday, November 26th will be given a dividend of $0.084 per share. The ex-dividend date is Friday, November 23rd. B&M Euro VALUE/ADR’s payout ratio is 17.89%.
About B&M Euro VALUE/ADR
B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.
See Also: Debt-To-Equity Ratio
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