Zacks Investment Research upgraded shares of B&M EURO VALUE/ADR (OTCMKTS:BMRRY) from a hold rating to a buy rating in a report issued on Wednesday morning, Zacks.com reports. Zacks Investment Research currently has $22.00 price objective on the stock.
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 shares of B&M EURO VALUE/ADR from a sell rating to a strong sell rating in a research report on Wednesday, December 4th.
The business also recently declared a Semi-Annual dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, November 25th were paid a $0.098 dividend. The ex-dividend date was Friday, November 22nd. B&M EURO VALUE/ADR’s dividend payout ratio is currently 19.42%.
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.
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