B&M European Value Retail (LON:BME - Get Free Report) has been assigned a 495.00 target price by research analysts at Investec in a research note issued on Wednesday, October 30th. The firm currently has a "hold" rating on the stock.
Several other research analysts have also recently commented on BME. 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. Goodbody set a 660.00 price objective on B&M European Value Retail and gave the company a "buy" rating in a report on Monday, July 29th. Citigroup started coverage on B&M European Value Retail in a report on Tuesday, July 16th. They set a "buy" rating and a 540.00 target price on the stock. Canaccord Genuity Group set a 600.00 price target on B&M European Value Retail and gave the company a "buy" rating in a research note on Wednesday, July 17th. Finally, Jefferies Financial Group set a 515.00 price objective on B&M European Value Retail and gave the stock a "hold" rating in a research note on Tuesday, July 16th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 561.22 ($7.04).
Check Out Our Latest Report on BME
B&M European Value Retail Stock Up 2.2 %
LON BME traded up GBX 7.30 ($0.09) during trading on Wednesday, hitting GBX 346.30 ($4.34). The 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 12 month low of GBX 324.80 ($4.07) and a 12 month high of GBX 618.20 ($7.75). 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 50-day moving average price is GBX 398.66 and its two-hundred day moving average price is GBX 449.36. The company has a market capitalization 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 news, insider Alex Russo sold 8,602 shares of B&M European Value Retail 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 owned by company insiders.
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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