B&M European Value Retail S.A. (LON:BME) Receives GBX 471.20 Consensus Target Price from Analysts

B&M European Value Retail S.A. (LON:BME - Get Free Report) has earned an average rating of "Moderate Buy" from the seventeen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 457.75 ($6.11).

A number of research analysts have commented on the company. Canaccord Genuity Group decreased their price objective on B&M European Value Retail from GBX 545 ($7.27) to GBX 490 ($6.54) and set a "buy" rating on the stock in a research report on Tuesday, February 25th. Citigroup reiterated a "buy" rating and issued a GBX 456 ($6.08) price objective on shares of B&M European Value Retail in a research report on Friday, March 28th. Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Finally, JPMorgan Chase & Co. reduced their target price on shares of B&M European Value Retail from GBX 349 ($4.66) to GBX 320 ($4.27) and set an "underweight" rating on the stock in a research note on Monday, January 13th.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Oliver Tant acquired 7,500 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average price of GBX 285 ($3.80) per share, with a total value of £21,375 ($28,511.40). 4.22% of the stock is owned by insiders.

B&M European Value Retail Price Performance

Shares of BME traded up GBX 1.20 ($0.02) during mid-day trading on Monday, hitting GBX 327.30 ($4.37). 4,370,170 shares of the company traded hands, compared to its average volume of 19,464,432. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The stock has a market capitalization of £3.30 billion, a price-to-earnings ratio of 7.83 and a beta of 1.05. The business has a 50-day moving average of GBX 282.82 and a 200 day moving average of GBX 332.24. B&M European Value Retail has a one year low of GBX 254.60 ($3.40) and a one year high of GBX 556.60 ($7.42).

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.