Brokerages Set B&M European Value Retail S.A. (LON:BME) PT at GBX 546.20

B&M European Value Retail S.A. (LON:BME - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eighteen brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 546.20 ($6.93).

Several equities research analysts have commented on BME shares. BNP Paribas initiated coverage on shares of B&M European Value Retail in a report on Monday, November 18th. They issued an "outperform" rating and a 660.00 price target on the stock. Barclays set a 570.00 target price on B&M European Value Retail and gave the stock an "overweight" rating in a research note on Friday, October 18th. The Goldman Sachs Group began coverage on B&M European Value Retail in a research report on Friday, November 22nd. They set a "buy" rating and a 475.00 price target for the company. 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 report on Wednesday, October 30th. Finally, Investec set a 495.00 target price on shares of B&M European Value Retail and gave the company a "hold" rating in a report on Wednesday, October 30th.

B&M European Value Retail Stock Performance

Shares of BME stock traded down GBX 7.50 ($0.10) during trading hours on Tuesday, hitting GBX 355.80 ($4.51). The company's stock had a trading volume of 2,361,255 shares, compared to its average volume of 4,296,628. The stock has a market cap of £3.56 billion, a PE ratio of 988.33 and a beta of 1.05. B&M European Value Retail has a 12-month low of GBX 324.80 ($4.12) and a 12-month high of GBX 581 ($7.37). The company has a 50 day moving average of GBX 378.41 and a 200 day moving average of GBX 428.33. The company has a current ratio of 1.32, a quick ratio of 0.38 and a debt-to-equity ratio of 308.86.

B&M European Value Retail Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were given a dividend of GBX 5.30 ($0.07) per share. This represents a dividend yield of 1.4%. The ex-dividend date was Thursday, November 21st. B&M European Value Retail's payout ratio is 4,166.67%.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Mike Schmidt sold 17,878 shares of the business's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.48), for a total transaction of £63,109.34 ($80,067.67). Also, insider Oliver Tant bought 12,500 shares of the business's stock in a transaction on Friday, December 6th. The stock was bought at an average cost of GBX 361 ($4.58) per share, with a total value of £45,125 ($57,250.70). 4.22% of the stock is owned by corporate insiders.

About B&M European Value Retail

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.