B&M European Value Retail (LON:BME) Cut to “Hold” at Shore Capital Group

B&M European Value Retail (LON:BME) was downgraded by equities researchers at Shore Capital Group to a “hold” rating in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 215 price objective on the stock. Shore Capital Group’s price objective suggests a potential upside of 13.94% from the company’s current price.

Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 165 target price on shares of B&M European Value Retail in a research report on Thursday, June 4th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 204.38.

B&M European Value Retail Stock Down 1.7%

Shares of B&M European Value Retail stock traded down GBX 3.30 on Tuesday, reaching GBX 188.70. 6,567,098 shares of the company were exchanged, compared to its average volume of 41,606,055. The stock’s 50 day moving average price is GBX 177.38 and its 200-day moving average price is GBX 173.81. The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38. B&M European Value Retail has a 1-year low of GBX 140 and a 1-year high of GBX 288.93. The company has a market cap of £1.90 billion, a P/E ratio of 11.58 and a beta of 1.09.

B&M European Value Retail (LON:BME) last released its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share (EPS) for the quarter. The business had revenue of GBX 577.50 billion during the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. As a group, equities analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Activity

In other news, insider Peter Pritchard purchased 53,016 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average price of GBX 192 per share, for a total transaction of £101,790.72. 22.79% of the stock is currently owned by company 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.