B&M European Value Retail (LON:BME) Coverage Initiated at JPMorgan Chase & Co.

Stock analysts at JPMorgan Chase & Co. started coverage on shares of B&M European Value Retail (LON:BME - Get Free Report) in a report issued on Monday, September 9th. The firm set an "underweight" rating and a 469.00 price target on the stock.

Several other equities research analysts have also recently issued reports on BME. Royal Bank of Canada initiated coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They set an "outperform" rating and a 500.00 price objective for the company. Goodbody set a 660.00 price target on shares of B&M European Value Retail and gave the stock a "buy" rating in a report on Monday, July 29th. Citigroup assumed coverage on B&M European Value Retail in a report on Tuesday, July 16th. They issued a "buy" rating and a 540.00 price objective on the stock. 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. Finally, Peel Hunt set a 650.00 target price on B&M European Value Retail and gave the company a "buy" rating in a research report on Tuesday, July 16th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 561.22 ($7.04).

B&M European Value Retail Price Performance

BME stock traded up GBX 7.30 ($0.09) during mid-day trading on Monday, reaching GBX 346.30 ($4.34). The company's stock had a trading volume of 4,273,311 shares, compared to its average volume of 4,232,208. The company has a current ratio of 1.32, a quick ratio of 0.38 and a debt-to-equity ratio of 308.86. The company's 50 day moving average is GBX 398.66 and its two-hundred day moving average is GBX 449.36. B&M European Value Retail has a fifty-two week low of GBX 324.80 ($4.07) and a fifty-two week high of GBX 618.20 ($7.75). The stock has a market cap of £3.46 billion, a PE ratio of 961.94 and a beta of 1.05.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Alex Russo sold 8,602 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were 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 company 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.