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

Shares of B&M European Value Retail S.A. (LON:BME) have been given a consensus recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 406.60 ($5.43).

BME has been the subject of a number of recent analyst reports. Shore Capital restated a “no recommendation” rating on shares of B&M European Value Retail in a report on Tuesday, July 15th. Citigroup lowered their target price on shares of B&M European Value Retail from GBX 456 ($6.09) to GBX 361 ($4.82) and set a “buy” rating for the company in a report on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 410 ($5.48) target price on shares of B&M European Value Retail in a report on Tuesday, July 15th. JPMorgan Chase & Co. lowered their target price on shares of B&M European Value Retail from GBX 281 ($3.75) to GBX 207 ($2.76) and set an “underweight” rating for the company in a report on Wednesday, July 16th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 490 ($6.54) target price on shares of B&M European Value Retail in a report on Monday, June 9th.

B&M European Value Retail Trading Down 0.0%

Shares of BME opened at GBX 226.90 ($3.03) on Wednesday. B&M European Value Retail has a 1-year low of GBX 218.30 ($2.92) and a 1-year high of GBX 475.80 ($6.35). The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. The firm has a 50 day simple moving average of GBX 275.90 and a 200-day simple moving average of GBX 293.49. The stock has a market cap of £2.29 billion, a price-to-earnings ratio of 5.43 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 ($0.42) EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. Equities analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

Insider Transactions at B&M European Value Retail

In other news, insider Hounaïda Lasry purchased 7,600 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The shares were acquired at an average cost of GBX 262 ($3.50) per share, with a total value of £19,912 ($26,591.88). Also, insider Tjeerd Jegen purchased 37,500 shares of B&M European Value Retail stock in a transaction dated Friday, June 13th. The stock was acquired at an average price of GBX 270 ($3.61) per share, for a total transaction of £101,250 ($135,216.35). In the last 90 days, insiders bought 160,500 shares of company stock worth $42,621,400. Company insiders own 4.22% 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.