B&M European Value Retail's (BME) "Buy" Rating Reiterated at Canaccord Genuity Group

B&M European Value Retail (LON:BME - Get Free Report)'s stock had its "buy" rating reissued by analysts at Canaccord Genuity Group in a research note issued on Monday,Digital Look reports. They currently have a GBX 490 ($6.63) price target on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 72.90% from the company's current price.

A number of other equities research analysts have also commented on BME. Shore Capital reiterated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Citigroup reiterated a "buy" rating and issued a GBX 456 ($6.17) target price on shares of B&M European Value Retail in a report on Friday, March 28th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, B&M European Value Retail has a consensus rating of "Moderate Buy" and an average target price of GBX 538.76 ($7.29).

B&M European Value Retail Price Performance

Shares of BME opened at GBX 283.40 ($3.84) on Monday. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The stock has a market cap of £2.85 billion, a PE ratio of 6.78 and a beta of 1.05. B&M European Value Retail has a 12-month low of GBX 254.60 ($3.45) and a 12-month high of GBX 497.10 ($6.73). The business has a 50-day simple moving average of GBX 319.69 and a two-hundred day simple moving average of GBX 318.12.

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

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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