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

B&M European Value Retail S.A. (LON:BME - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eighteen ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 546.20 ($6.67).

Several research firms have commented on BME. BNP Paribas began 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 target price for the company. Canaccord Genuity Group dropped their target price on B&M European Value Retail from GBX 600 ($7.33) to GBX 565 ($6.90) and set a "buy" rating for the company in a research note on Friday, November 22nd. The Goldman Sachs Group started coverage on B&M European Value Retail in a report on Friday, November 22nd. They issued a "buy" rating and a 475.00 price target for the company. Redburn Atlantic set a 500.00 target price on shares of B&M European Value Retail and gave the company a "neutral" rating in a report on Wednesday, September 25th. Finally, Barclays set a 570.00 price target on shares of B&M European Value Retail and gave the stock an "overweight" rating in a research note on Friday, October 18th.

Insiders Place Their Bets

In other B&M European Value Retail news, insider Mike Schmidt sold 17,878 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.31), for a total transaction of £63,109.34 ($77,056.58). Also, insider Oliver Tant purchased 12,500 shares of the stock in a transaction dated Friday, December 6th. The stock was purchased at an average price of GBX 361 ($4.41) per share, with a total value of £45,125 ($55,097.68). 4.22% of the stock is owned by company insiders.

B&M European Value Retail Trading Down 0.9 %

Shares of LON BME traded down GBX 3.01 ($0.04) during midday trading on Friday, reaching GBX 315.89 ($3.86). 508,872,500 shares of the stock were exchanged, compared to its average volume of 80,236,820. 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 capitalization of £3.16 billion, a P/E ratio of 877.47 and a beta of 1.05. The stock has a 50 day moving average price of GBX 360.45 and a 200-day moving average price of GBX 408.89. B&M European Value Retail has a 52-week low of GBX 3.16 ($0.04) and a 52-week high of GBX 572.89 ($6.99).

B&M European Value Retail Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be issued a GBX 15 ($0.18) dividend. The ex-dividend date is Thursday, January 16th. This represents a yield of 4.75%. This is an increase from B&M European Value Retail's previous dividend of $5.30. B&M European Value Retail's dividend payout ratio is currently 4,166.67%.

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.