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
(
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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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