B&M European Value Retail S.A. (LON:BME - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eighteen analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 546.20 ($6.85).
BME has been the subject of several recent research reports. 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 for the company in a report on Friday. Deutsche Bank Aktiengesellschaft set a 620.00 price objective on B&M European Value Retail and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Goodbody set a 660.00 price target on B&M European Value Retail and gave the company a "buy" rating in a report on Monday, July 29th. Redburn Atlantic set a 500.00 price target on shares of B&M European Value Retail and gave the company a "neutral" rating in a research note on Wednesday, September 25th. Finally, Royal Bank of Canada assumed coverage on B&M European Value Retail in a research report on Monday. They issued an "outperform" rating and a 500.00 price target for the company.
View Our Latest Stock Report on B&M European Value Retail
B&M European Value Retail Stock Performance
BME traded up GBX 7.30 ($0.09) during mid-day trading on Friday, reaching GBX 346.30 ($4.34). 4,273,311 shares of the company traded hands, compared to its average volume of 4,232,208. The company's fifty day moving average price is GBX 400.18 and its 200-day moving average price is GBX 450.55. The stock has a market capitalization of £3.46 billion, a P/E ratio of 961.94 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. B&M European Value Retail has a 52-week low of GBX 324.80 ($4.07) and a 52-week high of GBX 618.20 ($7.75).
B&M European Value Retail Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 21st will be given a GBX 5.30 ($0.07) dividend. 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 (DPR) is presently 4,166.67%.
Insider Transactions at B&M European Value Retail
In other B&M European Value Retail news, insider Alex Russo sold 8,602 shares of the company's stock in a transaction on Wednesday, September 11th. The stock was 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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Get Free ReportB&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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