B&M European Value Retail S.A. (LON:BME) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been given a consensus rating of “Moderate Buy” by the seventeen research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 457.75 ($6.10).

Several brokerages recently commented on BME. Citigroup restated a “buy” rating and issued a GBX 456 ($6.07) price target on shares of B&M European Value Retail in a research report on Friday, March 28th. JPMorgan Chase & Co. decreased their target price on B&M European Value Retail from GBX 349 ($4.65) to GBX 320 ($4.26) and set an “underweight” rating for the company in a research report on Monday, January 13th. Shore Capital restated a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Finally, Canaccord Genuity Group dropped their target price on B&M European Value Retail from GBX 545 ($7.26) to GBX 490 ($6.52) and set a “buy” rating on the stock in a report on Tuesday, February 25th.

Insider Buying and Selling

In other B&M European Value Retail news, insider Oliver Tant bought 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average price of GBX 285 ($3.79) per share, for a total transaction of £21,375 ($28,462.05). 4.22% of the stock is owned by insiders.

B&M European Value Retail Stock Up 0.6 %

LON:BME opened at GBX 327.90 ($4.37) on Monday. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. B&M European Value Retail has a one year low of GBX 254.60 ($3.39) and a one year high of GBX 556.60 ($7.41). The company has a market capitalization of £3.30 billion, a price-to-earnings ratio of 7.84 and a beta of 1.05. The stock has a 50-day simple moving average of GBX 283.38 and a 200 day simple moving average of GBX 332.21.

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.