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

B&M European Value Retail S.A. (LON:BME) has been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 207.50.

BME has been the subject of a number of recent analyst reports. Shore Capital Group reaffirmed a “buy” rating on shares of B&M European Value Retail in a report on Friday, January 23rd. Berenberg Bank dropped their target price on B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft cut their price target on B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating for the company in a research note on Friday, January 23rd. Canaccord Genuity Group reduced their price target on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating for the company in a report on Friday, January 23rd. Finally, Peel Hunt reissued an “add” rating and issued a GBX 200 price objective on shares of B&M European Value Retail in a report on Thursday, November 13th.

Insider Transactions at B&M European Value Retail

In related news, insider Oliver Tant sold 10,850 shares of B&M European Value Retail stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of GBX 186, for a total value of £20,181. Corporate insiders own 22.79% of the company’s stock.

B&M European Value Retail Stock Performance

BME opened at GBX 180.50 on Thursday. The firm has a fifty day moving average price of GBX 176.72 and a 200 day moving average price of GBX 192.02. B&M European Value Retail has a 1 year low of GBX 140 and a 1 year high of GBX 350. The stock has a market cap of £1.81 billion, a P/E ratio of 7.31 and a beta of 1.17. The company has a debt-to-equity ratio of 348.52, a current ratio of 1.26 and a quick ratio of 0.38.

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.