B&M European Value Retail S.A. (LON:BME) Receives Consensus Recommendation of “Moderate Buy” from Analysts

B&M European Value Retail S.A. (LON:BME) has been given a consensus recommendation of “Moderate Buy” by the seventeen ratings firms that are covering the firm, 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 twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 457.75 ($6.20).

A number of research firms have commented on BME. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 490 ($6.64) price target on shares of B&M European Value Retail in a research note on Monday. Citigroup reaffirmed a “buy” rating and issued a GBX 456 ($6.18) price objective on shares of B&M European Value Retail in a research report on Friday, March 28th. Finally, Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th.

B&M European Value Retail Stock Down 2.5%

LON:BME opened at GBX 281.17 ($3.81) on Tuesday. The company’s 50-day simple moving average is GBX 319.77 and its 200-day simple moving average is GBX 317.67. 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 fifty-two week low of GBX 254.60 ($3.45) and a fifty-two week high of GBX 497.10 ($6.74). The stock has a market capitalization of £2.83 billion, a P/E ratio of 6.73 and a beta of 1.05.

B&M European Value Retail (LON:BME) last issued its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. On average, equities analysts anticipate that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

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.