B&M European Value Retail S.A. (LON:BME) Receives GBX 579.60 Consensus Target Price from Brokerages

B&M European Value Retail S.A. (LON:BME) has received an average recommendation of “Hold” from the six analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 593 ($7.38).

BME has been the subject of several recent analyst reports. Shore Capital restated a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 660 ($8.22) target price on shares of B&M European Value Retail in a research report on Wednesday.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 520 ($6.47) on Tuesday. B&M European Value Retail has a 52 week low of GBX 454 ($5.65) and a 52 week high of GBX 618.20 ($7.70). The business has a 50-day simple moving average of GBX 526.94 and a 200 day simple moving average of GBX 543.30. The company has a quick ratio of 0.38, a current ratio of 1.37 and a debt-to-equity ratio of 280.00. The stock has a market cap of £5.20 billion, a price-to-earnings ratio of 1,485.71 and a beta of 1.00.

Insider Transactions at B&M European Value Retail

In related news, insider Oliver Tant bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was bought at an average cost of GBX 519 ($6.46) per share, for a total transaction of £25,950 ($32,304.24). Company insiders own 4.23% 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.