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

Key Points

• B&M European Value Retail S.A. has received a consensus rating of "Moderate Buy" from 14 analysts, with 10 analysts assigning a buy rating and 2 each rating it a sell and hold.
• The average target price for B&M European Value Retail among brokerages is GBX 406.60, with recent adjustments from JPMorgan and Citigroup lowering their targets significantly.
• Insider activity is notable, with two insiders recently purchasing shares, totaling 160,500 shares bought in the last quarter, indicating confidence in the company's prospects.

B&M European Value Retail S.A. (LON:BME - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the fourteen brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 406.60.

A number of equities analysts recently issued reports on BME shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 410 target price on shares of B&M European Value Retail in a report on Tuesday, July 15th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 490 target price on shares of B&M European Value Retail in a report on Monday, June 9th. Citigroup decreased their target price on B&M European Value Retail from GBX 456 to GBX 361 and set a "buy" rating on the stock in a report on Wednesday, July 16th. JPMorgan Chase & Co. reduced their price target on shares of B&M European Value Retail from GBX 281 to GBX 207 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. Finally, Shore Capital restated a "no recommendation" rating on shares of B&M European Value Retail in a research report on Tuesday, July 15th.

B&M European Value Retail Price Performance

Shares of BME stock traded down GBX 2.50 during mid-day trading on Friday, hitting GBX 240.90. 1,252,348 shares of the stock traded hands, compared to its average volume of 12,903,263. B&M European Value Retail has a twelve month low of GBX 216.40 and a twelve month high of GBX 450.10. The firm has a market cap of £2.43 billion, a price-to-earnings ratio of 5.76 and a beta of 1.05. The company's 50-day simple moving average is GBX 244.25 and its 200-day simple moving average is GBX 280.16. 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 (LON:BME - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. As a group, equities research analysts expect that B&M European Value Retail will post 38.4814815 earnings per share for the current year.

Insider Buying and Selling at B&M European Value Retail

In other B&M European Value Retail news, insider Hounaïda Lasry bought 7,600 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average price of GBX 262 per share, with a total value of £19,912. Also, insider Tjeerd Jegen bought 37,500 shares of the firm's stock in a transaction dated Friday, June 13th. The stock was acquired at an average cost of GBX 270 per share, with a total value of £101,250. In the last ninety days, insiders bought 160,500 shares of company stock valued at $42,621,400. 4.22% of the stock is currently owned by insiders.

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.