Free Trial

B&M European Value Retail (LON:BME) Stock Price Passes Below 50-Day Moving Average - Time to Sell?

B&M European Value Retail logo with Consumer Defensive background
Image from MarketBeat Media, LLC.

Key Points

  • B&M stock dropped below its 50‑day moving average, trading as low as GBX 170.50 and last at GBX 174 versus a 50‑day MA of GBX 178.33, on volume of about 6.16 million shares.
  • Analysts still show a "Moderate Buy" consensus with an average target of GBX 207.50 (five Buys, two Holds, one Sell), although recent reports include both target cuts and raises.
  • Fundamentals and insider activity are mixed: market cap £1.75bn and a low P/E of 7.04 contrast with a very high debt‑to‑equity ratio (348.52), and an insider sold 10,850 shares at GBX 186 while insiders retain 22.79% ownership.
  • MarketBeat previews top five stocks to own in May.

B&M European Value Retail S.A. (LON:BME - Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 178.33 and traded as low as GBX 170.50. B&M European Value Retail shares last traded at GBX 174, with a volume of 6,164,907 shares.

Analyst Upgrades and Downgrades

Several research firms have commented on BME. Deutsche Bank Aktiengesellschaft reduced their price objective on B&M European Value Retail from GBX 180 to GBX 175 and set a "buy" rating on the stock in a report on Friday, January 23rd. Shore Capital Group reissued a "buy" rating on shares of B&M European Value Retail in a research report on Friday, January 23rd. Citigroup raised their target price on shares of B&M European Value Retail from GBX 165 to GBX 180 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Canaccord Genuity Group cut their target price 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. Finally, JPMorgan Chase & Co. raised their target price 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, January 23rd. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 207.50.

Get Our Latest Report on BME

B&M European Value Retail Price Performance

The stock has a fifty day moving average price of GBX 178.33 and a 200-day moving average price of GBX 180.05. The firm has a market capitalization of £1.75 billion, a PE ratio of 7.04 and a beta of 1.14. The company has a debt-to-equity ratio of 348.52, a quick ratio of 0.38 and a current ratio of 1.26.

Insider Activity

In other news, insider Oliver Tant sold 10,850 shares of B&M European Value Retail stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of GBX 186, for a total value of £20,181. Corporate insiders own 22.79% of the company's stock.

About B&M European Value Retail

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in B&M European Value Retail Right Now?

Before you consider B&M European Value Retail, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and B&M European Value Retail wasn't on the list.

While B&M European Value Retail currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines