B&M European Value Retail S.A. (LON:BME) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 207.50.

A number of brokerages have weighed in on BME. Canaccord Genuity Group reduced their price target on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating for the company in a research report on Friday, January 23rd. Berenberg Bank cut their price objective on B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a research note on Thursday, December 4th. Jefferies Financial Group decreased their target price on B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating for the company in a research report on Thursday, November 20th. Peel Hunt reiterated an “add” rating and set a GBX 200 price target on shares of B&M European Value Retail in a report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating for the company in a research note on Friday, January 23rd.

Insider Transactions at B&M European Value Retail

In related news, insider Tjeerd Jegen bought 29,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was acquired at an average cost of GBX 164 per share, with a total value of £47,560. Over the last 90 days, insiders have acquired 92,300 shares of company stock valued at $14,661,850. Insiders own 22.79% of the company’s stock.

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 178.95 on Friday. The company’s fifty day moving average is GBX 168.58 and its two-hundred day moving average is GBX 197.15. The company has a market cap of £1.80 billion, a P/E ratio of 7.24 and a beta of 1.05. 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 quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data 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 analysts expect that B&M European Value Retail will post 38.4814815 earnings per share 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.