B&M European Value Retail S.A. (LON:BME) Receives Average Rating of "Moderate Buy" from Analysts

Shares of B&M European Value Retail S.A. (LON:BME - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seventeen brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 457.75 ($6.07).

A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group lowered their price objective on B&M European Value Retail from GBX 545 ($7.23) to GBX 490 ($6.50) and set a "buy" rating for the company in a research report on Tuesday, February 25th. Citigroup reiterated a "buy" rating and issued a GBX 456 ($6.05) target price on shares of B&M European Value Retail in a report on Friday, March 28th. JPMorgan Chase & Co. dropped their price objective on B&M European Value Retail from GBX 349 ($4.63) to GBX 320 ($4.25) and set an "underweight" rating on the stock in a research note on Monday, January 13th. Finally, Shore Capital reaffirmed a "not rated" rating on shares of B&M European Value Retail in a report on Tuesday, April 15th.

B&M European Value Retail Trading Down 0.6 %

LON BME traded down GBX 2.10 ($0.03) on Monday, hitting GBX 329.70 ($4.38). The company's stock had a trading volume of 2,815,466 shares, compared to its average volume of 19,655,498. The firm has a market cap of £3.32 billion, a PE ratio of 7.89 and a beta of 1.05. The company's 50-day moving average is GBX 282.35 and its 200 day moving average is GBX 332.26. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. B&M European Value Retail has a 1-year low of GBX 254.60 ($3.38) and a 1-year high of GBX 556.60 ($7.39).

Insiders Place Their Bets

In other B&M European Value Retail news, insider Oliver Tant acquired 7,500 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of GBX 285 ($3.78) per share, with a total value of £21,375 ($28,367.62). Insiders own 4.22% of the company's stock.

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.