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

Shares of B&M European Value Retail S.A. (LON:BME) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 221.63.

Several analysts have recently weighed in on the stock. Citigroup lowered their price objective on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Canaccord Genuity Group reduced their price target on shares of B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating for the company in a report on Wednesday, October 22nd. Jefferies Financial Group decreased their price target on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating for the company in a research note on Thursday, November 20th. Peel Hunt reiterated an “add” rating and set a GBX 200 price objective on shares of B&M European Value Retail in a report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating for the company in a research note on Wednesday, November 12th.

Insider Transactions at B&M European Value Retail

In other news, insider Tjeerd Jegen acquired 61,500 shares of B&M European Value Retail stock in a transaction on Friday, September 12th. The stock was purchased at an average price of GBX 242 per share, with a total value of £148,830. Insiders purchased a total of 235,850 shares of company stock valued at $47,240,500 in the last 90 days. 22.79% of the stock is currently owned by corporate insiders.

B&M European Value Retail Stock Down 0.1%

Shares of LON:BME opened at GBX 160.65 on Tuesday. B&M European Value Retail has a 1 year low of GBX 154 and a 1 year high of GBX 378.50. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. The business’s 50-day moving average is GBX 189.25 and its 200-day moving average is GBX 232.71. The company has a market capitalization of £1.61 billion, a price-to-earnings ratio of 6.50 and a beta of 1.05.

B&M European Value Retail (LON:BME) last issued its earnings results on Thursday, November 13th. The company reported GBX 7.20 earnings per share 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 predict that B&M European Value Retail will post 38.4814815 earnings per share for the current 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.