Tjeerd Jegen Purchases 45,000 Shares of B&M European Value Retail S.A. (LON:BME) Stock

B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Tjeerd Jegen bought 45,000 shares of B&M European Value Retail stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of GBX 262 ($3.53) per share, with a total value of £117,900 ($158,766.50).

Tjeerd Jegen also recently made the following trade(s):

• On Friday, June 13th, Tjeerd Jegen bought 37,500 shares of B&M European Value Retail stock. The shares were acquired at an average cost of GBX 270 ($3.64) per share, with a total value of £101,250 ($136,345.27).
• On Friday, June 13th, Tjeerd Jegen purchased 40,000 shares of B&M European Value Retail stock. The shares were bought at an average price of GBX 268 ($3.61) per share, with a total value of £107,200 ($144,357.66).
• On Friday, June 13th, Tjeerd Jegen acquired 30,400 shares of B&M European Value Retail stock. The stock was purchased at an average price of GBX 263 ($3.54) per share, with a total value of £79,952 ($107,664.96).

B&M European Value Retail Stock Down 3.3%

B&M European Value Retail stock traded down GBX 9.10 ($0.12) during mid-day trading on Friday, reaching GBX 263.90 ($3.55). 18,254,900 shares of the company's stock were exchanged, compared to its average volume of 15,676,648. The company has a fifty day moving average of GBX 317.25 and a 200-day moving average of GBX 313.63. The company has a market cap of £2.66 billion, a P/E ratio of 6.31 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. B&M European Value Retail S.A. has a twelve month low of GBX 2.59 ($0.03) and a twelve month high of GBX 480 ($6.46).

B&M European Value Retail (LON:BME - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. Sell-side analysts expect that B&M European Value Retail S.A. will post 38.4814815 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BME shares. Citigroup reaffirmed a "buy" rating and set a GBX 456 ($6.14) target price on shares of B&M European Value Retail in a research note on Friday, March 28th. Shore Capital reiterated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 490 ($6.60) price objective on shares of B&M European Value Retail in a report on Monday, June 9th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, B&M European Value Retail presently has a consensus rating of "Moderate Buy" and an average target price of GBX 538.76 ($7.26).

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.