B&M European Value Retail S.A. (LON:BME) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of B&M European Value Retail S.A. (LON:BME - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seventeen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 457.75 ($6.09).

Several research firms have recently issued reports on BME. Citigroup reissued a "buy" rating and set a GBX 456 ($6.07) target price on shares of B&M European Value Retail in a research note on Friday, March 28th. Shore Capital reaffirmed a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Finally, Canaccord Genuity Group dropped their target price on B&M European Value Retail from GBX 545 ($7.25) to GBX 490 ($6.52) and set a "buy" rating on the stock in a research report on Tuesday, February 25th.

Insider Activity at B&M European Value Retail

In other news, insider Oliver Tant acquired 7,500 shares of B&M European Value Retail stock in a transaction on Wednesday, February 26th. The shares were acquired at an average price of GBX 285 ($3.79) per share, with a total value of £21,375 ($28,446.90). 4.22% of the stock is owned by corporate insiders.

B&M European Value Retail Stock Performance

Shares of BME stock opened at GBX 335.95 ($4.47) on Friday. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. B&M European Value Retail has a fifty-two week low of GBX 254.60 ($3.39) and a fifty-two week high of GBX 556.60 ($7.41). The stock has a 50 day moving average price of GBX 300.16 and a two-hundred day moving average price of GBX 324.41. The company has a market capitalization of £3.38 billion, a P/E ratio of 8.04 and a beta of 1.05.

B&M European Value Retail Company Profile

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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