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

Shares of B&M European Value Retail S.A. (LON:BME) have earned an average recommendation of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 206.25.

BME has been the topic of several research reports. Jefferies Financial Group reissued a “hold” rating and issued a GBX 180 target price on shares of B&M European Value Retail in a research report on Wednesday, July 1st. Shore Capital Group reaffirmed a “hold” rating and set a GBX 215 price target on shares of B&M European Value Retail in a research report on Wednesday, July 15th.

B&M European Value Retail Trading Up 0.8%

LON BME opened at GBX 225.22 on Friday. B&M European Value Retail has a 12-month low of GBX 140 and a 12-month high of GBX 269.30. The company has a fifty day simple moving average of GBX 223.60 and a two-hundred day simple moving average of GBX 195.14. The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. The stock has a market cap of £2.26 billion, a P/E ratio of 13.82 and a beta of 1.11.

Insider Transactions at B&M European Value Retail

In other news, insider Tjeerd Jegen bought 146,910 shares of the firm’s stock in a transaction that occurred on Monday, September 7th. The stock was purchased at an average price of GBX 233 per share, with a total value of £342,300.30. Also, insider Peter Pritchard bought 53,016 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of GBX 192 per share, for a total transaction of £101,790.72. Insiders bought a total of 271,593 shares of company stock worth $58,664,913 over the last three months. 22.81% of the stock is currently owned by insiders.

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.