Stock analysts at BNP Paribas started coverage on shares of B&M European Value Retail (LON:BME - Get Free Report) in a research note issued to investors on Monday. The brokerage set an "outperform" rating and a 660.00 price target on the stock.
Several other equities research analysts also recently weighed in on BME. Panmure Gordon initiated coverage on shares of B&M European Value Retail in a research report on Wednesday, October 2nd. They issued a "buy" rating and a 685.00 target price for the company. Canaccord Genuity Group lowered their price objective on B&M European Value Retail from GBX 600 ($7.52) to GBX 565 ($7.08) and set a "buy" rating for the company in a report on Friday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, B&M European Value Retail presently has an average rating of "Moderate Buy" and a consensus target price of GBX 561.22 ($7.04).
View Our Latest Analysis on B&M European Value Retail
B&M European Value Retail Stock Up 2.2 %
Shares of BME stock traded up GBX 7.30 ($0.09) during mid-day trading on Monday, reaching GBX 346.30 ($4.34). 4,273,311 shares of the company were exchanged, compared to its average volume of 4,232,208. The company has a market capitalization of £3.46 billion, a P/E ratio of 961.94 and a beta of 1.05. The business's 50 day simple moving average is GBX 398.66 and its 200 day simple moving average is GBX 449.36. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. 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).
Insider Transactions at B&M European Value Retail
In related news, insider Alex Russo sold 8,602 shares of the firm's stock in a transaction dated 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). 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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