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

B&M European Value Retail S.A. (LON:BME) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 221.63.

A number of research analysts have weighed in on BME shares. Citigroup reduced their price target on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating on the stock in a research report on Tuesday, October 21st. Canaccord Genuity Group cut their target price on shares of B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Berenberg Bank reduced their target price on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a report on Thursday, December 4th. JPMorgan Chase & Co. decreased their price target on shares of B&M European Value Retail from GBX 205 to GBX 163 and set an “underweight” rating for the company in a research report on Friday, December 5th. Finally, Shore Capital reissued a “buy” rating on shares of B&M European Value Retail in a research report on Thursday, November 13th.

B&M European Value Retail Trading Down 2.2%

Shares of B&M European Value Retail stock opened at GBX 166.80 on Wednesday. B&M European Value Retail has a 1 year low of GBX 154 and a 1 year high of GBX 350. 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 business has a 50 day moving average price of GBX 164.76 and a 200 day moving average price of GBX 205.55. The company has a market capitalization of £1.68 billion, a P/E ratio of 6.75 and a beta of 1.05.

B&M European Value Retail (LON:BME) last posted 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%. Sell-side analysts anticipate that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

Insiders Place Their Bets

In other B&M European Value Retail news, insider Tjeerd Jegen purchased 31,850 shares of B&M European Value Retail stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average price of GBX 155 per share, with a total value of £49,367.50. Over the last three months, insiders have bought 123,950 shares of company stock valued at $19,757,500. 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.