B&M European Value Retail (LON:BME) Lowered to “Hold” at Jefferies Financial Group

Jefferies Financial Group lowered shares of B&M European Value Retail (LON:BME) to a hold rating in a research report sent to investors on Monday, MarketBeat Ratings reports. They currently have GBX 525 ($6.48) price objective on the stock, up from their prior price objective of GBX 380 ($4.69).

A number of other brokerages have also recently commented on BME. Shore Capital reissued a not rated rating on shares of B&M European Value Retail in a research note on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reissued a buy rating and issued a GBX 660 ($8.15) price objective on shares of B&M European Value Retail in a research note on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, B&M European Value Retail presently has a consensus rating of Hold and an average target price of GBX 583.29 ($7.20).

B&M European Value Retail Trading Up 2.8 %

Shares of BME stock opened at GBX 524.80 ($6.48) on Monday. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37. B&M European Value Retail has a fifty-two week low of GBX 454 ($5.61) and a fifty-two week high of GBX 618.20 ($7.64). The stock has a 50 day simple moving average of GBX 527.83 and a two-hundred day simple moving average of GBX 542.38. The company has a market cap of £5.25 billion, a P/E ratio of 1,499.43 and a beta of 1.00.

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.