B&M European Value Retail S.A. (LON:BME) Receives GBX 511.67 Average Target Price from Brokerages

B&M European Value Retail S.A. (LON:BME - Get Free Report) has earned an average rating of "Moderate Buy" from the eighteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 511.67 ($6.50).

A number of research firms recently issued reports on BME. Canaccord Genuity Group cut their price target on B&M European Value Retail from GBX 600 ($7.62) to GBX 565 ($7.18) and set a "buy" rating for the company in a report on Friday, November 22nd. Canaccord Genuity Group decreased their price objective on B&M European Value Retail from GBX 545 ($6.93) to GBX 490 ($6.23) and set a "buy" rating for the company in a research report on Tuesday, February 25th. HSBC set a 640.00 target price on B&M European Value Retail and gave the company a "buy" rating in a research note on Monday, November 18th. Morgan Stanley set a 358.00 price objective on B&M European Value Retail and gave the stock an "underweight" rating in a research note on Monday, November 18th. Finally, Royal Bank of Canada started coverage on B&M European Value Retail in a research note on Monday, November 18th. They set an "outperform" rating and a 500.00 price objective on the stock.

Insider Buying and Selling at B&M European Value Retail

In related news, insider Oliver Tant acquired 12,500 shares of the firm's stock in a transaction that occurred on Friday, December 6th. The shares were bought at an average cost of GBX 361 ($4.59) per share, for a total transaction of £45,125 ($57,345.28). Corporate insiders own 4.22% of the company's stock.

B&M European Value Retail Price Performance

Shares of B&M European Value Retail stock traded down GBX 10 ($0.13) during trading on Friday, reaching GBX 267.70 ($3.40). The company's stock had a trading volume of 3,809,609 shares, compared to its average volume of 16,423,586. The stock has a 50-day moving average price of GBX 323.67 and a two-hundred day moving average price of GBX 373.46. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. B&M European Value Retail has a one year low of GBX 254.60 ($3.24) and a one year high of GBX 561.80 ($7.14). The stock has a market capitalization of £2.70 billion, a P/E ratio of 6.40 and a beta of 1.05.

B&M European Value Retail Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were issued a dividend of GBX 15 ($0.19) per share. This is a positive change from B&M European Value Retail's previous dividend of $5.30. This represents a yield of 4.75%. The ex-dividend date was Thursday, January 16th. B&M European Value Retail's dividend payout ratio (DPR) is 35.88%.

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.