B&M European Value Retail S.A. (LON:BME) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of B&M European Value Retail S.A. (LON:BME - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seventeen ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 502.67 ($6.50).

BME has been the subject of several recent analyst reports. Citigroup reissued a "buy" rating and issued a GBX 456 ($5.90) target price on shares of B&M European Value Retail in a research note on Friday. Canaccord Genuity Group cut their target price on shares of B&M European Value Retail from GBX 545 ($7.05) to GBX 490 ($6.34) and set a "buy" rating for the company in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price target on B&M European Value Retail from GBX 349 ($4.51) to GBX 320 ($4.14) and set an "underweight" rating on the stock in a research report on Monday, January 13th.

B&M European Value Retail Stock Up 2.5 %

B&M European Value Retail stock traded up GBX 6.60 ($0.09) during mid-day trading on Thursday, reaching GBX 267.70 ($3.46). The company's stock had a trading volume of 2,939,632 shares, compared to its average volume of 17,255,471. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. B&M European Value Retail has a 12 month low of GBX 254.60 ($3.29) and a 12 month high of GBX 556.60 ($7.20). The business's 50 day simple moving average is GBX 291.91 and its 200 day simple moving average is GBX 348.92. The company has a market capitalization of £2.70 billion, a price-to-earnings ratio of 6.40 and a beta of 1.05.

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B&M European Value Retail Increases Dividend

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

Insider Transactions at B&M European Value Retail

In other 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 acquired at an average price of GBX 285 ($3.69) per share, with a total value of £21,375 ($27,637.70). Insiders own 4.22% of the company's stock.

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.