B&M European Value Retail (LON:BME) Insider Buys £49,691 in Stock

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen acquired 31,450 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average cost of GBX 158 per share, with a total value of £49,691.

Tjeerd Jegen also recently made the following trade(s):

• On Friday, November 14th, Tjeerd Jegen bought 31,650 shares of B&M European Value Retail stock. The stock was purchased at an average price of GBX 161 per share, with a total value of £50,956.50.
• On Wednesday, September 17th, Tjeerd Jegen purchased 50,400 shares of B&M European Value Retail stock. The shares were purchased at an average price of GBX 250 per share, for a total transaction of £126,000.
• On Friday, September 12th, Tjeerd Jegen acquired 61,500 shares of B&M European Value Retail stock. The stock was purchased at an average cost of GBX 242 per share, for a total transaction of £148,830.
• On Tuesday, September 9th, Tjeerd Jegen acquired 79,500 shares of B&M European Value Retail stock. The shares were purchased at an average price of GBX 250 per share, with a total value of £198,750.
• On Tuesday, September 2nd, Tjeerd Jegen bought 43,480 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 228 per share, for a total transaction of £99,134.40.
• On Wednesday, September 3rd, Tjeerd Jegen purchased 22,500 shares of B&M European Value Retail stock. The stock was acquired at an average price of GBX 231 per share, for a total transaction of £51,975.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 163 on Wednesday. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. B&M European Value Retail S.A. has a 52 week low of GBX 154 and a 52 week high of GBX 378.50. The stock has a market capitalization of £1.64 billion, a P/E ratio of 5.13 and a beta of 1.05. The stock has a fifty day moving average of GBX 213.25 and a 200-day moving average of GBX 249.67.

B&M European Value Retail (LON:BME) last released its earnings results on Thursday, November 13th. The company reported GBX 7.20 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. On average, sell-side analysts expect that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BME shares. Peel Hunt restated an “add” rating and issued a GBX 200 target price on shares of B&M European Value Retail in a research report on Thursday, November 13th. Canaccord Genuity Group reduced their price objective on B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft lowered their price objective on B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Berenberg Bank reduced their price objective on shares of B&M European Value Retail from GBX 590 to GBX 450 and set a “buy” rating for the company in a research report on Thursday, October 9th. Finally, JPMorgan Chase & Co. lowered their target price on B&M European Value Retail from GBX 207 to GBX 205 and set an “underweight” rating on the stock in a research report on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, B&M European Value Retail currently has a consensus rating of “Moderate Buy” and an average target price of GBX 291.11.

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.