B&M European Value Retail (LON:BME) PT Set at 500.00 by Redburn Atlantic

Redburn Atlantic set a 500.00 price target on B&M European Value Retail (LON:BME - Free Report) in a research report report published on Wednesday, September 25th. The firm currently has a neutral rating on the stock.

BME has been the subject of a number of other research reports. Royal Bank of Canada started coverage on B&M European Value Retail in a report on Monday, November 18th. They issued an "outperform" rating and a 500.00 target price for the company. Barclays set a 570.00 price objective on B&M European Value Retail and gave the stock an "overweight" rating in a research note on Friday, October 18th. Canaccord Genuity Group set a 600.00 price target on B&M European Value Retail and gave the stock a "buy" rating in a research report on Wednesday, July 17th. HSBC set a 640.00 target price on shares of B&M European Value Retail and gave the stock a "buy" rating in a report on Monday, November 18th. Finally, BNP Paribas began coverage on B&M European Value Retail in a report on Monday, November 18th. They set an "outperform" rating and a 660.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 561.22 ($7.04).

B&M European Value Retail Price Performance

LON BME traded up GBX 7.30 ($0.09) during trading hours on Wednesday, 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 quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. The firm's 50-day moving average price is GBX 398.66 and its 200-day moving average price is GBX 449.36. B&M European Value Retail has a 1 year low of GBX 324.80 ($4.07) and a 1 year high of GBX 618.20 ($7.75). The company has a market capitalization of £3.46 billion, a price-to-earnings ratio of 961.94 and a beta of 1.05.

B&M European Value Retail Cuts Dividend

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

Insider Activity

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

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.