B&M European Value Retail (LON:BME - Get Free Report) has been assigned a 600.00 price objective by stock analysts at Canaccord Genuity Group in a report released on Wednesday, July 17th. The firm presently has a "buy" rating on the stock.
Other research analysts have also recently issued reports about the company. Peel Hunt set a 650.00 target price on B&M European Value Retail and gave the stock a "buy" rating in a research note on Tuesday, July 16th. JPMorgan Chase & Co. reiterated an "underweight" rating on shares of B&M European Value Retail in a report on Friday, June 28th. Deutsche Bank Aktiengesellschaft set a 620.00 price objective on shares of B&M European Value Retail and gave the company a "buy" rating in a report on Wednesday, October 30th. Citigroup lowered their price objective on B&M European Value Retail from GBX 540 ($6.77) to GBX 510 ($6.39) and set a "buy" rating for the company in a research report on Tuesday, July 16th. Finally, Goodbody set a 660.00 price objective on shares of B&M European Value Retail and gave the stock a "buy" rating in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 561.22 ($7.04).
Check Out Our Latest Stock Report on BME
B&M European Value Retail Stock Up 2.2 %
Shares of BME stock traded up GBX 7.30 ($0.09) during trading 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. 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 stock's 50-day moving average price is GBX 398.66 and its 200 day moving average price is GBX 449.36. 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 current ratio of 1.32 and a quick ratio of 0.38.
Insider Buying and Selling
In related news, insider Alex Russo sold 8,602 shares of the company's stock in a transaction dated 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). Corporate insiders own 4.22% of the company's stock.
About B&M European Value Retail
(
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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.
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