B&M European Value Retail (LON:BME) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

B&M European Value Retail (LON:BME) had its price objective raised by JPMorgan Chase & Co. from GBX 163 to GBX 170 in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 5.20% from the company’s current price.

BME has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Berenberg Bank reduced their price target on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a research report on Thursday, December 4th. Shore Capital restated a “buy” rating on shares of B&M European Value Retail in a research report on Thursday, November 13th. Citigroup cut their target price on B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Finally, Jefferies Financial Group reduced their target price on B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a report on Thursday, November 20th. Six investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, B&M European Value Retail has a consensus rating of “Moderate Buy” and a consensus price target of GBX 213.13.

B&M European Value Retail Stock Down 7.2%

Shares of BME stock opened at GBX 161.60 on Friday. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The firm has a fifty day moving average of GBX 165.11 and a 200-day moving average of GBX 203.88. B&M European Value Retail has a 12-month low of GBX 154 and a 12-month high of GBX 350. The company has a market capitalization of £1.62 billion, a price-to-earnings ratio of 6.54 and a beta of 1.05.

B&M European Value Retail (LON:BME) last released its quarterly earnings results on Thursday, November 13th. The company reported GBX 7.20 EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. As a group, equities research analysts predict that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Tjeerd Jegen acquired 31,850 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average price of GBX 155 per share, with a total value of £49,367.50. Insiders have acquired 123,950 shares of company stock worth $19,757,500 in the last three months. 22.79% of the stock is currently owned by corporate insiders.

Trending Headlines about B&M European Value Retail

Here are the key news stories impacting B&M European Value Retail this week:

• Positive Sentiment: Shore Capital reaffirmed its “buy” rating on BME, maintaining analyst support for the shares despite recent headwinds. Read More.
• Neutral Sentiment: JPMorgan raised its price target from GBX 163 to GBX 170 but kept an “underweight” rating — a modestly higher target but still a cautious stance from a large broker, which may limit upside from institutional buyers. Read More.
• Negative Sentiment: B&M cut profit guidance after increased investments in pricing and clearance activity, citing margin pressure from those actions — this operational outlook change is the most direct negative catalyst for the share move. Read More.
• Negative Sentiment: Canaccord Genuity trimmed its price target from GBX 245 to GBX 230 but kept a “buy” rating, signaling reduced upside expectations after the company’s guidance and margin actions. Read More.
• Negative Sentiment: Deutsche Bank lowered its price target from GBX 180 to GBX 175 while maintaining a “buy” rating — another analyst cut to targets that adds downward pressure on sentiment. Read More.

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.