B&M European Value Retail S.A. (LON:BME) Receives GBX 206.25 Consensus Price Target from Brokerages

B&M European Value Retail S.A. (LON:BME) has been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 206.25.

BME has been the subject of several analyst reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 180 target price on shares of B&M European Value Retail in a research report on Wednesday, July 1st. Shore Capital Group reiterated a “hold” rating and set a GBX 215 price target on shares of B&M European Value Retail in a research report on Wednesday, July 15th.

Insider Buying and Selling at B&M European Value Retail

In other B&M European Value Retail news, insider Peter Pritchard bought 53,016 shares of the business’s stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of GBX 192 per share, for a total transaction of £101,790.72. Also, insider Tjeerd Jegen bought 53,100 shares of B&M European Value Retail stock in a transaction on Monday, June 22nd. The stock was acquired at an average cost of GBX 187 per share, for a total transaction of £99,297. 22.81% of the stock is owned by corporate insiders.

B&M European Value Retail Price Performance

BME stock opened at GBX 213.40 on Friday. B&M European Value Retail has a 52 week low of GBX 140 and a 52 week high of GBX 269.30. The business has a 50-day simple moving average of GBX 192.13 and a 200 day simple moving average of GBX 180.85. The company has a quick ratio of 0.38, a current ratio of 1.42 and a debt-to-equity ratio of 306.52. The company has a market cap of £2.14 billion, a PE ratio of 13.09 and a beta of 1.09.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share (EPS) for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. The firm had revenue of GBX 577.50 billion for the quarter. Sell-side analysts anticipate that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

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.