B&M European Value Retail (LON:BME) Earns “No Recommendation” Rating from Shore Capital

B&M European Value Retail (LON:BME)‘s stock had its “no recommendation” rating restated by investment analysts at Shore Capital in a report issued on Tuesday, MarketBeat reports.

Several other equities research analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 410 ($5.50) price objective on shares of B&M European Value Retail in a report on Tuesday. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 490 ($6.58) price target on shares of B&M European Value Retail in a report on Monday, June 9th. Finally, Citigroup restated a “buy” rating and issued a GBX 456 ($6.12) target price on shares of B&M European Value Retail in a research note on Friday, March 28th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 505.07 ($6.78).

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 228.30 ($3.06) on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The company has a market capitalization of £2.30 billion, a price-to-earnings ratio of 5.46 and a beta of 1.05. The stock’s 50 day moving average is GBX 294.62 and its 200-day moving average is GBX 301.26. B&M European Value Retail has a 12 month low of GBX 220.80 ($2.96) and a 12 month high of GBX 475.80 ($6.38).

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%. Equities research analysts expect that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Buying and Selling

In other B&M European Value Retail news, insider Tjeerd Jegen bought 37,500 shares of the stock in a transaction on Friday, June 13th. The shares were acquired at an average price of GBX 270 ($3.62) per share, with a total value of £101,250 ($135,869.57). Also, insider Hounaïda Lasry bought 7,600 shares of the stock in a transaction on Wednesday, June 11th. The shares were acquired at an average cost of GBX 262 ($3.52) per share, for a total transaction of £19,912 ($26,720.34). Insiders purchased a total of 160,500 shares of company stock worth $42,621,400 in the last ninety days. 4.22% of the stock is currently owned by insiders.

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.