B&M European Value Retail (LON:BME) Given a 650.00 Price Target at Peel Hunt

B&M European Value Retail (LON:BME - Get Free Report) received a 650.00 price objective from Peel Hunt in a report released on Tuesday, July 16th. The brokerage presently has a "buy" rating on the stock.

BME has been the subject of a number of other research reports. Citigroup reduced their price target 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 report on Tuesday, July 16th. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of B&M European Value Retail in a research note on Friday, June 28th. BNP Paribas assumed coverage on shares of B&M European Value Retail in a research note on Monday, November 18th. They issued an "outperform" rating and a 660.00 price target on the stock. Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Finally, Panmure Gordon assumed 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 on the stock. 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 data from MarketBeat, the stock currently 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

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

Insider Buying and Selling 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 transaction of £36,472.48 ($45,722.05). 4.22% of the stock is owned by company insiders.

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.