B&M European Value Retail S.A. (LON:BME) Receives GBX 221.63 Consensus Target Price from Analysts

B&M European Value Retail S.A. (LON:BME) has earned an average recommendation of “Moderate Buy” from the eight research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 221.63.

A number of equities research analysts have weighed in on BME shares. Deutsche Bank Aktiengesellschaft lowered their price objective on B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating for the company in a research note on Wednesday, November 12th. JPMorgan Chase & Co. reduced their target price on B&M European Value Retail from GBX 205 to GBX 163 and set an “underweight” rating for the company in a research note on Friday, December 5th. Berenberg Bank dropped their price target on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating for the company in a research note on Thursday, December 4th. Jefferies Financial Group cut their price target on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a report on Thursday, November 20th. Finally, Canaccord Genuity Group decreased their price objective on shares of B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating for the company in a report on Wednesday, October 22nd.

B&M European Value Retail Stock Performance

Shares of BME stock opened at GBX 167 on Friday. 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 company’s fifty day moving average price is GBX 167.62 and its two-hundred day moving average price is GBX 217.29. The firm has a market capitalization of £1.68 billion, a P/E ratio of 6.76 and a beta of 1.05. B&M European Value Retail has a 12 month low of GBX 154 and a 12 month high of GBX 378.50.

B&M European Value Retail (LON:BME) last announced its earnings results 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%. On average, research analysts anticipate that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

Insider Activity at B&M European Value Retail

In other news, insider Tjeerd Jegen purchased 31,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of GBX 155 per share, for a total transaction of £49,367.50. Insiders have bought a total of 123,950 shares of company stock worth $19,757,500 over the last quarter. Company 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.