Jefferies Group Comments on B&M European Value Retail SA Unsponsored ADR’s FY2018 Earnings (OTCMKTS:BMRRY)

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) – Investment analysts at Jefferies Group dropped their FY2018 earnings per share (EPS) estimates for shares of B&M European Value Retail in a report issued on Wednesday, Zacks Investment Research reports. Jefferies Group analyst C. Gulliver now expects that the company will earn $0.93 per share for the year, down from their previous forecast of $0.96. Jefferies Group also issued estimates for B&M European Value Retail’s FY2019 earnings at $1.10 EPS and FY2020 earnings at $1.26 EPS.

Separately, Zacks Investment Research upgraded B&M European Value Retail from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Monday, November 6th.

Shares of B&M European Value Retail (OTCMKTS BMRRY) traded down $0.11 during mid-day trading on Friday, reaching $20.99. The company’s stock had a trading volume of 2,034 shares, compared to its average volume of 3,049. B&M European Value Retail has a 1-year low of $12.15 and a 1-year high of $21.91. The company has a quick ratio of 0.65, a current ratio of 2.21 and a debt-to-equity ratio of 0.68.

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