B&M European Value Retail (LON:BME) Receives Hold Rating from Jefferies Financial Group

B&M European Value Retail (LON:BME)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a research note issued to investors on Thursday,Digital Look reports. They currently have a GBX 165 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 20.21% from the company’s previous close.

Separately, Citigroup raised their price objective on B&M European Value Retail from GBX 165 to GBX 180 and gave the company a “neutral” rating in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 206.25.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 206.80 on Thursday. B&M European Value Retail has a one year low of GBX 140 and a one year high of GBX 294.60. The stock’s fifty day moving average price is GBX 171.36 and its two-hundred day moving average price is GBX 171.61. The company has a debt-to-equity ratio of 348.52, a current ratio of 1.26 and a quick ratio of 0.38. The firm has a market cap of £2.08 billion, a PE ratio of 8.37 and a beta of 1.09.

B&M European Value Retail (LON:BME) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 34.04% and a net margin of 4.39%.The company had revenue of GBX 577.50 billion for the quarter. As a group, research analysts expect that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

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.