B&M European Value Retail (LON:BME) Given a 515.00 Price Target at Jefferies Financial Group

Jefferies Financial Group set a 515.00 price target on B&M European Value Retail (LON:BME - Free Report) in a report issued on Tuesday, July 16th. The firm currently has a hold rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of B&M European Value Retail in a research report on Friday, June 28th. 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. Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Panmure Gordon assumed coverage on B&M European Value Retail in a report on Wednesday, October 2nd. They set a "buy" rating and a 685.00 target price on the stock. Finally, Peel Hunt set a 650.00 price target on B&M European Value Retail and gave the stock a "buy" rating in a report on Tuesday, July 16th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, B&M European Value Retail presently has a consensus rating of "Moderate Buy" and an average 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 trading on Tuesday, hitting GBX 346.30 ($4.34). 4,273,311 shares of the stock were exchanged, compared to its average volume of 4,232,208. 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. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. The company's fifty day simple moving average is GBX 398.66 and its 200-day simple moving average is GBX 449.36.

B&M European Value Retail Cuts Dividend

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

Insider Activity at B&M European Value Retail

In related 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 transaction 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.