B&M European Value Retail (LON:BME) PT Set at 570.00 by Barclays

Barclays set a 570.00 price target on B&M European Value Retail (LON:BME - Free Report) in a report released on Friday, October 18th. The brokerage currently has an overweight rating on the stock.

Other equities research analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft set a 620.00 price objective on B&M European Value Retail and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Canaccord Genuity Group set a 600.00 price target on B&M European Value Retail and gave the company a "buy" rating in a research report on Wednesday, July 17th. Goodbody set a 660.00 price objective on shares of B&M European Value Retail and gave the stock a "buy" rating in a research report on Monday, July 29th. Panmure Gordon started coverage on shares of B&M European Value Retail in a research note on Wednesday, October 2nd. They issued a "buy" rating and a 685.00 target price on the stock. Finally, Canaccord Genuity Group decreased their price target on shares of B&M European Value Retail from GBX 600 ($7.52) to GBX 565 ($7.08) and set a "buy" rating on the stock in a report on Friday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 561.22 ($7.04).

B&M European Value Retail Stock Performance

Shares of LON:BME traded up GBX 7.30 ($0.09) during midday trading on Friday, reaching GBX 346.30 ($4.34). 4,273,311 shares of the company traded hands, compared to its average volume of 4,232,208. The firm's fifty day moving average price is GBX 398.66 and its two-hundred day moving average price is GBX 449.36. The firm has a market capitalization of £3.46 billion, a price-to-earnings ratio of 961.94 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. B&M European Value Retail has a 12 month low of GBX 324.80 ($4.07) and a 12 month high of GBX 618.20 ($7.75).

B&M European Value Retail Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 5.30 ($0.07) per share. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 21st. B&M European Value Retail's dividend payout ratio (DPR) is presently 4,166.67%.

Insider Activity at B&M European Value Retail

In other news, insider Alex Russo sold 8,602 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 424 ($5.32), for a total value of £36,472.48 ($45,722.05). 4.22% of the stock is currently owned by corporate insiders.

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.