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 rating of “Moderate Buy” by the eight research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 207.50.

Several equities research analysts have weighed in on the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 200 target price on shares of B&M European Value Retail in a research report on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the stock an “underweight” rating in a research report on Friday, January 23rd. Citigroup lifted their price objective on shares of B&M European Value Retail from GBX 165 to GBX 180 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Jefferies Financial Group reduced their target price on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating for the company in a research note on Thursday, November 20th. Finally, Shore Capital Group restated a “buy” rating on shares of B&M European Value Retail in a research note on Friday, January 23rd.

B&M European Value Retail Stock Performance

LON BME opened at GBX 178.95 on Friday. The company has a market capitalization of £1.80 billion, a price-to-earnings ratio of 7.24 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. B&M European Value Retail has a 12 month low of GBX 154 and a 12 month high of GBX 350. The company’s fifty day moving average price is GBX 168.58 and its two-hundred day moving average price is GBX 197.15.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 7.20 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%. As a group, research analysts predict that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Tjeerd Jegen acquired 29,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was acquired at an average price of GBX 164 per share, for a total transaction of £47,560. Insiders purchased 92,300 shares of company stock valued at $14,661,850 in the last three months. Corporate insiders own 22.79% 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.