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

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 546.20 ($6.67).

A number of research firms recently weighed in on BME. HSBC set a 640.00 target price on shares of B&M European Value Retail and gave the company a “buy” rating in a research note on Monday, November 18th. Redburn Atlantic set a 500.00 target price on B&M European Value Retail and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Canaccord Genuity Group decreased their price target on B&M European Value Retail from GBX 600 ($7.33) to GBX 565 ($6.90) and set a “buy” rating on the stock in a research note on Friday, November 22nd. Investec set a 495.00 price objective on B&M European Value Retail and gave the stock a “hold” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada assumed coverage on shares of B&M European Value Retail in a research note on Monday, November 18th. They issued an “outperform” rating and a 500.00 target price on the stock.

Insider Buying and Selling

In related news, insider Mike Schmidt sold 17,878 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.31), for a total value of £63,109.34 ($77,056.58). 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 ($4.41) per share, for a total transaction of £45,125 ($55,097.68). Corporate insiders own 4.22% of the company’s stock.

B&M European Value Retail Stock Down 0.9 %

BME opened at GBX 315.89 ($3.86) on Friday. B&M European Value Retail has a fifty-two week low of GBX 3.16 ($0.04) and a fifty-two week high of GBX 572.89 ($6.99). The company has a market capitalization of £3.16 billion, a P/E ratio of 877.47 and a beta of 1.05. The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38. The firm’s fifty day moving average price is GBX 361.98 and its two-hundred day moving average price is GBX 410.42.

B&M European Value Retail Increases Dividend

The company 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. This is a boost from B&M European Value Retail’s previous dividend of $5.30. The ex-dividend date is Thursday, January 16th. This represents a yield of 4.75%. B&M European Value Retail’s dividend payout ratio (DPR) 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.