B&M European Value Retail S.A. (LON:BME) Receives GBX 207.50 Consensus PT from Brokerages

Shares of B&M European Value Retail S.A. (LON:BME) have received an average rating of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 207.50.

BME has been the subject of several research reports. Canaccord Genuity Group decreased their price target on shares of B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating for the company in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the stock an “underweight” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Citigroup boosted their price objective on shares of B&M European Value Retail from GBX 165 to GBX 180 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Shore Capital Group reissued a “buy” rating on shares of B&M European Value Retail in a research report on Friday, January 23rd.

B&M European Value Retail Stock Performance

Shares of BME opened at GBX 185 on Monday. The company has a debt-to-equity ratio of 348.52, a quick ratio of 0.38 and a current ratio of 1.26. B&M European Value Retail has a twelve month low of GBX 140 and a twelve month high of GBX 350. The firm’s 50 day moving average price is GBX 178.34 and its two-hundred day moving average price is GBX 182.28. The firm has a market cap of £1.86 billion, a P/E ratio of 7.49 and a beta of 1.17.

Insider Activity at B&M European Value Retail

In other news, insider Oliver Tant sold 10,850 shares of the business’s 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. 22.79% of the stock is currently owned by corporate insiders.

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.