B&M European Value Retail (LON:BME) Given New GBX 240 Price Target at Jefferies Financial Group

B&M European Value Retail (LON:BME – Free Report) had its target price lifted by Jefferies Financial Group from GBX 180 to GBX 240 in a report issued on Thursday morning,Digital Look reports. The firm currently has a hold rating on the stock.

Separately, Shore Capital Group restated a “hold” rating and issued a GBX 215 price objective on shares of B&M European Value Retail in a report on Wednesday, July 15th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 213.75.

Check Out Our Latest Stock Analysis on BME

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 270.80 on Thursday. The firm has a market cap of £2.72 billion, a PE ratio of 16.61 and a beta of 1.10. The firm’s fifty day moving average is GBX 247.17 and its 200-day moving average is GBX 211.43. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. B&M European Value Retail has a 52 week low of GBX 140 and a 52 week high of GBX 287.20.

Insider Buying and Selling

In other news, insider Tjeerd Jegen purchased 146,910 shares of the stock in a transaction on Monday, September 7th. The stock was purchased at an average price of GBX 233 per share, for a total transaction of £342,300.30. Also, insider Peter Waterhouse sold 3,715 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of GBX 234, for a total transaction of £8,693.10. 22.80% of the stock is owned by insiders.

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.

See Also

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

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