B&M European Value Retail S.A. (LON:BME) Receives GBX 245.63 Consensus PT from Brokerages

Shares of B&M European Value Retail S.A. (LON:BME) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 226.88.

Several research firms have recently commented on BME. Deutsche Bank Aktiengesellschaft decreased their target price on shares of 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 cut their price target on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a report on Thursday. Canaccord Genuity Group reduced their price objective on shares of B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. decreased their price target on shares of B&M European Value Retail from GBX 207 to GBX 205 and set an “underweight” rating for the company in a research note on Wednesday, October 8th. Finally, Shore Capital restated a “buy” rating on shares of B&M European Value Retail in a research note on Thursday, November 13th.

Insider Activity at B&M European Value Retail

In related news, insider Tjeerd Jegen purchased 79,500 shares of B&M European Value Retail stock in a transaction dated Tuesday, September 9th. The stock was bought at an average cost of GBX 250 per share, for a total transaction of £198,750. Insiders acquired 315,350 shares of company stock valued at $67,115,500 over the last three months. 22.78% of the stock is owned by company insiders.

B&M European Value Retail Price Performance

Shares of LON BME opened at GBX 166.20 on Tuesday. The firm has a market capitalization of £1.67 billion, a P/E ratio of 5.23 and a beta of 1.05. The firm’s 50-day moving average price is GBX 193.15 and its 200-day moving average price is GBX 236.64. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. B&M European Value Retail has a 1-year low of GBX 154 and a 1-year high of GBX 378.50.

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

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.