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

Key Points

• Eight analysts give B&M a consensus recommendation of "Moderate Buy" (1 sell, 2 hold, 5 buy) with an average 12‑month target price of GBX 207.50.
• Shares opened at GBX 184 with a 50‑day/200‑day moving average of GBX 177.69/183.25; the company has a market cap of £1.85bn, a P/E of 7.45 and a high debt‑to‑equity ratio of 348.52.
• Insider Oliver Tant sold 10,850 shares at GBX 186 on March 4, and company insiders collectively own 22.79% of the stock.

Shares of B&M European Value Retail S.A. (LON:BME - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 207.50.

Several brokerages recently issued reports on BME. Citigroup lifted their price objective on shares of B&M European Value Retail from GBX 165 to GBX 180 and gave the company a "neutral" rating in a report on Thursday, February 5th. Canaccord Genuity Group lowered their target price on B&M European Value Retail from GBX 245 to GBX 230 and set a "buy" rating for the company in a report on Friday, January 23rd. Shore Capital Group reaffirmed a "buy" rating on shares of B&M European Value Retail in a research report on Friday, January 23rd. JPMorgan Chase & Co. lifted their price target on B&M European Value Retail from GBX 163 to GBX 170 and gave the company an "underweight" rating in a report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on B&M European Value Retail from GBX 180 to GBX 175 and set a "buy" rating for the company in a research report on Friday, January 23rd.

Insider Transactions at B&M European Value Retail

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

B&M European Value Retail Stock Performance

LON:BME opened at GBX 184 on Monday. The firm has a 50-day simple moving average of GBX 177.69 and a 200-day simple moving average of GBX 183.25. B&M European Value Retail has a one year low of GBX 140 and a one year high of GBX 350. The firm has a market cap of £1.85 billion, a P/E ratio of 7.45 and a beta of 1.17. The company has a debt-to-equity ratio of 348.52, a quick ratio of 0.38 and a current ratio of 1.26.

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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