B&M European Value Retail (LON:BME) Insider Oliver Tant Sells 10,850 Shares

B&M European Value Retail S.A. (LON:BME) insider Oliver Tant sold 10,850 shares of B&M European Value Retail stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of GBX 186, for a total transaction of £20,181.

B&M European Value Retail Trading Down 2.5%

BME opened at GBX 175.50 on Tuesday. The company has a debt-to-equity ratio of 348.52, a current ratio of 1.26 and a quick ratio of 0.38. B&M European Value Retail S.A. has a fifty-two week low of GBX 140 and a fifty-two week high of GBX 350. The firm has a market capitalization of £1.76 billion, a PE ratio of 7.11 and a beta of 1.17. The company’s 50-day moving average is GBX 176.24 and its 200 day moving average is GBX 192.53.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Citigroup raised their target price on B&M European Value Retail from GBX 165 to GBX 180 and gave the company a “neutral” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their price target on B&M European Value Retail from GBX 163 to GBX 170 and gave the stock an “underweight” rating in a report on Friday, January 23rd. Canaccord Genuity Group dropped their price objective on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Shore Capital Group reaffirmed a “buy” rating on shares of B&M European Value Retail in a report on Friday, January 23rd. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 200 target price on shares of B&M European Value Retail in a research note on Thursday, November 13th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 207.50.

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.