B&M European Value Retail S.A. (LON:BME) Receives Average Recommendation of “Moderate Buy” from Analysts

B&M European Value Retail S.A. (LON:BME) has received an average rating of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 207.50.

A number of research firms have recently issued reports on BME. Shore Capital Group reissued a “buy” rating on shares of B&M European Value Retail in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft dropped their target price on shares of B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating for the company in a report on Friday, January 23rd. Canaccord Genuity Group decreased their price target on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Citigroup raised their price target on B&M European Value Retail from GBX 165 to GBX 180 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price objective on B&M European Value Retail from GBX 163 to GBX 170 and gave the company an “underweight” rating in a research note on Friday, January 23rd.

B&M European Value Retail Stock Up 0.4%

Shares of BME opened at GBX 188.15 on Friday. The company’s 50-day moving average price is GBX 170.53 and its 200 day moving average price is GBX 196.18. B&M European Value Retail has a 12-month low of GBX 154 and a 12-month high of GBX 350. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The firm has a market cap of £1.89 billion, a P/E ratio of 7.62 and a beta of 1.05.

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.