B&M European Value Retail (LON:BME – Free Report) had its price target lifted by Berenberg Bank from GBX 290 to GBX 340 in a research note released on Tuesday morning,Digital Look reports. They currently have a buy rating on the stock.
Several other research firms have also weighed in on BME. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a report on Wednesday, July 15th. Jefferies Financial Group upped their target price on B&M European Value Retail from GBX 180 to GBX 240 and gave the stock a “hold” rating in a research report on Thursday, October 22nd. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, B&M European Value Retail currently has an average rating of “Hold” and a consensus price target of GBX 218.75.
Get Our Latest Stock Report on B&M European Value Retail
B&M European Value Retail Stock Performance
BME opened at GBX 271.60 on Tuesday. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. The company has a market cap of £2.73 billion, a PE ratio of 16.66 and a beta of 1.10. The stock has a 50-day moving average of GBX 251.30 and a 200-day moving average of GBX 203.23. B&M European Value Retail has a 52-week low of GBX 140 and a 52-week high of GBX 287.20.
Insiders Place Their Bets
In other B&M European Value Retail news, insider Peter Waterhouse sold 3,715 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of GBX 234, for a total transaction of £8,693.10. Also, insider Tjeerd Jegen purchased 146,910 shares of the firm’s stock in a transaction on Monday, September 7th. The shares were purchased at an average price of GBX 233 per share, with a total value of £342,300.30. 22.80% of the stock is owned by insiders.
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.
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