B&M European Value Retail’s (BME) “Buy” Rating Reiterated at Shore Capital

B&M European Value Retail (LON:BME)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research report issued on Friday,Digital Look reports.

Other analysts also recently issued reports about the company. Canaccord Genuity Group cut their target price on 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. Deutsche Bank Aktiengesellschaft cut their price objective 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. Jefferies Financial Group decreased their target price on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a report on Thursday, November 20th. JPMorgan Chase & Co. upped their price target on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the stock an “underweight” rating in a report on Friday. Finally, Citigroup decreased their price objective on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating on the stock in a research note on Tuesday, October 21st. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 213.13.

B&M European Value Retail Trading Down 5.0%

BME stock opened at GBX 165.35 on Friday. B&M European Value Retail has a 52 week low of GBX 154 and a 52 week high of GBX 350. The company has a market capitalization of £1.66 billion, a PE ratio of 6.69 and a beta of 1.05. The company’s 50-day simple moving average is GBX 165.13 and its 200 day simple moving average is GBX 205.11. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06.

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

Insider Transactions at B&M European Value Retail

In related news, insider Tjeerd Jegen acquired 31,850 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of GBX 155 per share, for a total transaction of £49,367.50. In the last ninety days, insiders have purchased 123,950 shares of company stock worth $19,757,500. 22.79% of the stock is owned by corporate 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.