B&M European Value Retail’s (BME) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of B&M European Value Retail (LON:BMEFree Report) in a research note issued to investors on Monday, MarketBeat reports. The firm currently has a GBX 490 ($6.64) price target on the stock.

Other equities analysts also recently issued research reports about the stock. Citigroup reaffirmed a “buy” rating and issued a GBX 456 ($6.18) price objective on shares of B&M European Value Retail in a report on Friday, March 28th. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 538.76 ($7.30).

Get Our Latest Stock Analysis on B&M European Value Retail

B&M European Value Retail Stock Down 0.3%

BME stock opened at GBX 264.88 ($3.59) on Monday. The company has a fifty day moving average price of GBX 319.12 and a 200 day moving average price of GBX 316.94. B&M European Value Retail has a 12 month low of GBX 254.60 ($3.45) and a 12 month high of GBX 488 ($6.62). The company has a market cap of £2.67 billion, a price-to-earnings ratio of 6.34 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 (LON:BMEGet Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. Sell-side analysts expect that B&M European Value Retail will post 38.4814815 earnings per share for the current year.

B&M European Value Retail Company Profile

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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.

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Analyst Recommendations for B&M European Value Retail (LON:BME)

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