B&M European Value Retail (LON:BME) Given a 660.00 Price Target at Goodbody

Goodbody set a 660.00 price target on B&M European Value Retail (LON:BME - Free Report) in a research report sent to investors on Monday, July 29th. The firm currently has a buy rating on the stock.

Several other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 660 ($8.27) price target on shares of B&M European Value Retail in a research note on Wednesday, April 17th. Citigroup lowered their target price 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 note on Tuesday, July 16th. Canaccord Genuity Group cut their price target on B&M European Value Retail from GBX 600 ($7.52) to GBX 565 ($7.08) and set a "buy" rating on the stock in a research note on Friday. Jefferies Financial Group cut B&M European Value Retail to a "hold" rating and raised their price target for the company from GBX 380 ($4.76) to GBX 525 ($6.58) in a report on Monday, April 22nd. Finally, BNP Paribas initiated coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They set an "outperform" rating and a 660.00 target price on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 561.22 ($7.04).

B&M European Value Retail Price Performance

LON BME traded up GBX 7.30 ($0.09) on Monday, hitting 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 current ratio of 1.32, a quick ratio of 0.38 and a debt-to-equity ratio of 308.86. The company has a market cap of £3.46 billion, a P/E ratio of 961.94 and a beta of 1.05. 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 firm has a 50 day moving average of GBX 398.66 and a two-hundred day moving average of GBX 449.36.

B&M European Value Retail Cuts Dividend

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