B&M European Value Retail (OTCMKTS:BMRRY) Downgraded by The Goldman Sachs Group to “Hold”

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

B&M European Value Retail Stock Down 0.2 %

Shares of BMRRY opened at $14.29 on Monday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.23 and a current ratio of 1.06. B&M European Value Retail has a fifty-two week low of $13.61 and a fifty-two week high of $28.59. The firm has a 50 day moving average price of $16.33 and a 200-day moving average price of $19.24.

B&M European Value Retail Increases Dividend

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

B&M European Value Retail Company Profile

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.