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

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 207.50.

BME has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating for the company in a research report on Friday, January 23rd. Citigroup lifted their price objective on B&M European Value Retail from GBX 165 to GBX 180 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Peel Hunt reiterated an “add” rating and set a GBX 200 target price on shares of B&M European Value Retail in a research report on Thursday, November 13th. Jefferies Financial Group lowered their target price on 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, Shore Capital Group reaffirmed a “buy” rating on shares of B&M European Value Retail in a research note on Friday, January 23rd.

B&M European Value Retail Stock Up 1.5%

Shares of LON BME opened at GBX 181.35 on Friday. The stock has a market capitalization of £1.82 billion, a price-to-earnings ratio of 7.34 and a beta of 1.05. B&M European Value Retail has a 52 week low of GBX 154 and a 52 week high of GBX 350. The firm has a 50-day moving average price of GBX 169.40 and a 200 day moving average price of GBX 196.35. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77.

B&M European Value Retail Company Profile

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.