Shares of B&M European Value Retail SA (LON:BME) have earned a consensus recommendation of “Buy” from the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 382.33 ($4.96).

BME has been the topic of a number of recent research reports. Numis Securities Ltd reissued an “add” rating and issued a GBX 375 ($4.87) target price on shares of B&M European Value Retail SA in a research report on Wednesday, May 10th. Deutsche Bank AG lifted their target price on B&M European Value Retail SA from GBX 330 ($4.28) to GBX 360 ($4.67) and gave the company a “buy” rating in a research report on Thursday, April 27th. HSBC Holdings plc reissued a “buy” rating and issued a GBX 350 ($4.54) target price on shares of B&M European Value Retail SA in a research report on Monday, April 24th. Liberum Capital lifted their target price on B&M European Value Retail SA from GBX 330 ($4.28) to GBX 380 ($4.93) and gave the company a “buy” rating in a research report on Wednesday, April 19th. Finally, Jefferies Group LLC lifted their target price on B&M European Value Retail SA from GBX 335 ($4.35) to GBX 400 ($5.19) and gave the company a “buy” rating in a research report on Monday, May 22nd.

In other news, insider Simon Arora sold 60,000,000 shares of B&M European Value Retail SA stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of GBX 363 ($4.71), for a total transaction of £217,800,000 ($282,746,981.70).

Shares of B&M European Value Retail SA (BME) traded up 0.24% during midday trading on Tuesday, reaching GBX 375.80. The company’s stock had a trading volume of 1,345,808 shares. The company has a 50-day moving average price of GBX 353.64 and a 200-day moving average price of GBX 332.74. B&M European Value Retail SA has a 12 month low of GBX 218.40 and a 12 month high of GBX 381.00. The firm’s market cap is GBX 3.76 billion.

The firm also recently announced a dividend, which was paid on Friday, August 4th. Stockholders of record on Thursday, June 22nd were paid a dividend of GBX 3.90 ($0.05) per share. This is an increase from B&M European Value Retail SA’s previous dividend of $1.90. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend was Thursday, June 22nd.

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B&M European Value Retail SA Company Profile

B&M European Value Retail SA is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.

Analyst Recommendations for B&M European Value Retail SA (LON:BME)

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