B&M European Value Retail (OTCMKTS:BMRRY) Rating Lowered to Hold at The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of B&M European Value Retail (OTCMKTS:BMRRY) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

B&M European Value Retail Trading Down 0.2 %

Shares of B&M European Value Retail stock opened at $14.29 on Monday. The company’s fifty day simple moving average is $16.33 and its two-hundred day simple moving average is $19.24. B&M European Value Retail has a 12-month low of $13.61 and a 12-month high of $28.59. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.06 and a quick ratio of 0.23.

B&M European Value Retail Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, January 21st will be issued a dividend of $0.7385 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This is an increase from B&M European Value Retail’s previous dividend of $0.37.

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.