Shore Capital Reaffirms Buy Rating for B&M European Value Retail (LON:BME)

B&M European Value Retail (LON:BME)‘s stock had its “buy” rating restated by analysts at Shore Capital in a report released on Friday, Marketbeat reports.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. lifted their price objective on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the company an “underweight” rating in a research report on Friday. Canaccord Genuity Group cut their price target on B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating on the stock in a report on Wednesday, October 22nd. Peel Hunt reiterated an “add” rating and set a GBX 200 price objective on shares of B&M European Value Retail in a research report on Thursday, November 13th. Jefferies Financial Group lowered 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 research report on Thursday, November 20th. Finally, Citigroup reduced their price target on B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating for the company in a research report on Tuesday, October 21st. Six research 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, the stock has an average rating of “Moderate Buy” and an average target price of GBX 213.13.

B&M European Value Retail Trading Down 7.2%

LON:BME opened at GBX 161.60 on Friday. The firm has a market capitalization of £1.62 billion, a P/E ratio of 6.54 and a beta of 1.05. The business has a 50 day simple moving average of GBX 165.11 and a 200 day simple moving average of GBX 203.88. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. B&M European Value Retail has a 12-month low of GBX 154 and a 12-month high of GBX 350.

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

Insider Activity

In other news, insider Tjeerd Jegen acquired 31,850 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were bought at an average price of GBX 155 per share, with a total value of £49,367.50. In the last 90 days, insiders acquired 123,950 shares of company stock worth $19,757,500. 22.79% of the stock is currently owned by company insiders.

More B&M European Value Retail News

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.

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.