B&M European Value Retail (LON:BME) Lowered to “Hold” at Jefferies Financial Group

Jefferies Financial Group lowered shares of B&M European Value Retail (LON:BME) to a hold rating in a research report sent to investors on Monday morning, MarketBeat Ratings reports. They currently have GBX 525 ($6.48) price objective on the stock, up from their prior price objective of GBX 380 ($4.69).

Several other analysts have also recently issued reports on BME. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 660 ($8.15) price target on shares of B&M European Value Retail in a report on Wednesday, April 17th. Shore Capital reaffirmed a not rated rating on shares of B&M European Value Retail in a report on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of GBX 583.29 ($7.20).

B&M European Value Retail Trading Up 2.8 %

LON BME opened at GBX 524.80 ($6.48) on Monday. The company’s fifty day simple moving average is GBX 527.83 and its 200-day simple moving average is GBX 542.38. B&M European Value Retail has a 52 week low of GBX 454 ($5.61) and a 52 week high of GBX 618.20 ($7.64). The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00. The stock has a market cap of £5.25 billion, a P/E ratio of 1,499.43 and a beta of 1.00.

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.