B&M European Value Retail (LON:BME) Insider Purchases £198,750 in Stock

Key Points

• Insider Tjeerd Jegen purchased 79,500 shares of B&M European Value Retail at an average price of GBX 250 per share, totaling £198,750.
• The company's stock has a current market cap of £2.44 billion and has seen a 52-week price range between GBX 216.40 and GBX 434.30.
• Equities research analysts have mixed ratings on the stock, with a consensus indicating a Moderate Buy and an average price target of GBX 380.50.

B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Tjeerd Jegen purchased 79,500 shares of the business's stock in a transaction dated Tuesday, September 9th. The stock was bought at an average price of GBX 250 per share, with a total value of £198,750.

Tjeerd Jegen also recently made the following trade(s):

• On Tuesday, September 2nd, Tjeerd Jegen purchased 43,480 shares of B&M European Value Retail stock. The stock was bought at an average price of GBX 228 per share, with a total value of £99,134.40.
• On Wednesday, September 3rd, Tjeerd Jegen acquired 22,500 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 231 per share, for a total transaction of £51,975.
• On Friday, June 13th, Tjeerd Jegen acquired 37,500 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 270 per share, for a total transaction of £101,250.
• On Friday, June 13th, Tjeerd Jegen acquired 40,000 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 268 per share, for a total transaction of £107,200.
• On Friday, June 13th, Tjeerd Jegen acquired 30,400 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 263 per share, for a total transaction of £79,952.
• On Friday, June 13th, Tjeerd Jegen acquired 45,000 shares of B&M European Value Retail stock. The stock was acquired at an average cost of GBX 262 per share, for a total transaction of £117,900.

B&M European Value Retail Price Performance

Shares of LON BME opened at GBX 242.30 on Thursday. The stock has a market cap of £2.44 billion, a price-to-earnings ratio of 761.95 and a beta of 1.05. B&M European Value Retail S.A. has a 52 week low of GBX 216.40 and a 52 week high of GBX 434.30. The company's 50-day moving average price is GBX 237.79 and its 200 day moving average price is GBX 275.97. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Citigroup decreased their target price on shares of B&M European Value Retail from GBX 456 to GBX 361 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 410 target price on shares of B&M European Value Retail in a research report on Tuesday, July 15th. Shore Capital assumed coverage on shares of B&M European Value Retail in a research report on Tuesday, September 2nd. They issued a "hold" rating and a GBX 250 target price on the stock. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 490 target price on shares of B&M European Value Retail in a research report on Monday, June 9th. Finally, JPMorgan Chase & Co. decreased their target price on shares of B&M European Value Retail from GBX 281 to GBX 207 and set an "underweight" rating on the stock in a research report on Wednesday, July 16th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, B&M European Value Retail has a consensus rating of "Moderate Buy" and an average price target of GBX 380.50.

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.

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