Tjeerd Jegen Acquires 146,910 Shares of B&M European Value Retail (LON:BME) Stock

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen acquired 146,910 shares of the company’s stock in a transaction dated Monday, September 7th. The stock was acquired at an average cost of GBX 233 per share, for a total transaction of £342,300.30.

Tjeerd Jegen also recently made the following trade(s):

• On Monday, September 7th, Tjeerd Jegen bought 18,567 shares of B&M European Value Retail stock. The stock was purchased at an average price of GBX 233 per share, with a total value of £43,261.11.
• On Monday, June 22nd, Tjeerd Jegen purchased 53,100 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 187 per share, for a total transaction of £99,297.

B&M European Value Retail Price Performance

Shares of BME opened at GBX 231.60 on Wednesday. The stock has a market cap of £2.33 billion, a P/E ratio of 14.21 and a beta of 1.11. The business’s fifty day moving average is GBX 221.52 and its 200 day moving average is GBX 194.34. The company has a quick ratio of 0.38, a current ratio of 1.42 and a debt-to-equity ratio of 306.52. B&M European Value Retail S.A. has a 12-month low of GBX 140 and a 12-month high of GBX 269.30.

Analysts Set New Price Targets

BME has been the subject of several recent research reports. Shore Capital Group reiterated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a research note on Wednesday, July 15th. Jefferies Financial Group restated a “hold” rating and issued a GBX 180 target price on shares of B&M European Value Retail in a report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, B&M European Value Retail presently has an average rating of “Hold” and a consensus target price of GBX 206.25.

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.