B&M European Value Retail (LON:BME) Share Price Passes Below 200 Day Moving Average - Here's What Happened

Key Points

• B&M shares crossed below their 200‑day moving average, falling as low as GBX 183.40 and last trading at GBX 186.34 versus the 200‑day MA of GBX 193.87 on heavy volume (197,467,688 shares).
• Several analysts have cut price targets (e.g., Jefferies to GBX 175, Deutsche Bank to GBX 175, Canaccord to GBX 230), but the consensus remains a “Moderate Buy” with an average target of GBX 207.50 (five Buys, two Holds, one Sell).
• Key fundamentals show a market cap of £1.87bn and a low P/E of 7.54, but the company has very high leverage (debt‑to‑equity 348.52) and modest liquidity (quick ratio 0.38, current ratio 1.26).

B&M European Value Retail S.A. (LON:BME - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 193.87 and traded as low as GBX 183.40. B&M European Value Retail shares last traded at GBX 186.34, with a volume of 197,467,688 shares.

Analysts Set New Price Targets

BME has been the subject of several recent research reports. Jefferies Financial Group lowered 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 report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft dropped their target price on B&M European Value Retail from GBX 180 to GBX 175 and set a "buy" rating on the stock in a research report on Friday, January 23rd. 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 for the company in a report on Thursday, December 4th. Peel Hunt restated an "add" rating and set a GBX 200 price target on shares of B&M European Value Retail in a research report on Thursday, November 13th. Finally, Canaccord Genuity Group cut their price objective on shares of B&M European Value Retail from GBX 245 to GBX 230 and set a "buy" rating on the stock in a research report on Friday, January 23rd. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 207.50.

B&M European Value Retail Stock Performance

The stock has a market capitalization of £1.87 billion, a price-to-earnings ratio of 7.54 and a beta of 1.05. The company has a 50 day simple moving average of GBX 175.10 and a 200-day simple moving average of GBX 193.87. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 348.52.

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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