B&M European Value Retail (LON:BME) Insider Tjeerd Jegen Purchases 43,480 Shares

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen acquired 43,480 shares of B&M European Value Retail stock in a transaction that occurred on Tuesday, September 2nd. The shares were purchased at an average cost of GBX 228 per share, with a total value of £99,134.40.

Tjeerd Jegen also recently made the following trade(s):

• On Wednesday, September 3rd, Tjeerd Jegen acquired 22,500 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 231 per share, with a total value of £51,975.
• On Friday, June 13th, Tjeerd Jegen acquired 37,500 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 270 per share, with a total value of £101,250.
• On Friday, June 13th, Tjeerd Jegen acquired 40,000 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 268 per share, with a total value of £107,200.
• On Friday, June 13th, Tjeerd Jegen acquired 30,400 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 263 per share, with a total value of £79,952.
• On Friday, June 13th, Tjeerd Jegen acquired 45,000 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 262 per share, with a total value of £117,900.

B&M European Value Retail Trading Up 2.8%

Shares of B&M European Value Retail stock opened at GBX 240.20 on Friday. B&M European Value Retail S.A. has a 1 year low of GBX 216.40 and a 1 year high of GBX 439.90. The firm has a market cap of £2.41 billion, a PE ratio of 755.35 and a beta of 1.05. 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 company has a 50 day simple moving average of GBX 239.98 and a two-hundred day simple moving average of GBX 276.95.

B&M European Value Retail (LON:BME) last announced its earnings results on Wednesday, June 4th. The company reported GBX 31.80 earnings per share (EPS) for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. Analysts expect that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on BME. Shore Capital began coverage on shares of B&M European Value Retail in a research report on Tuesday. They set a “hold” rating and a GBX 250 target price for the company. Citigroup dropped their target price on shares of B&M European Value Retail from GBX 456 to GBX 361 and set a “buy” rating for the company in a research report on Wednesday, July 16th. JPMorgan Chase & Co. dropped their target price on shares of B&M European Value Retail from GBX 281 to GBX 207 and set an “underweight” rating for the company in a research report on Wednesday, July 16th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 490 target price on shares of B&M European Value Retail in a research report on Monday, June 9th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 410 price objective on shares of B&M European Value Retail in a report on Tuesday, July 15th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 380.50.

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.