Shares of B&M European Value Retail S.A. (LON:BME – Get Free Report) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 218.75.
Several brokerages have recently commented on BME. Jefferies Financial Group boosted their price objective on B&M European Value Retail from GBX 180 to GBX 240 and gave the company a “hold” rating in a research report on Thursday, October 22nd. Berenberg Bank boosted their price target on B&M European Value Retail from GBX 290 to GBX 340 and gave the stock a “buy” rating in a report on Tuesday, October 27th. Finally, Shore Capital Group restated a “hold” rating and issued a GBX 215 price target on shares of B&M European Value Retail in a research note on Wednesday, July 15th.
Insider Activity
In related news, insider Peter Waterhouse sold 3,715 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of GBX 234, for a total value of £8,693.10. Also, insider Tjeerd Jegen bought 18,567 shares of the business’s stock in a transaction that occurred on Monday, September 7th. The stock was acquired at an average cost of GBX 233 per share, with a total value of £43,261.11. Insiders own 22.80% of the company’s stock.
B&M European Value Retail Trading Up 0.7%
Shares of B&M European Value Retail stock opened at GBX 274.40 on Friday. The company has a market capitalization of £2.76 billion, a P/E ratio of 16.83 and a beta of 1.10. 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 fifty day moving average of GBX 252.10 and a 200 day moving average of GBX 203.78. B&M European Value Retail has a fifty-two week low of GBX 140 and a fifty-two week high of GBX 287.20.
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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