B&M European Value Retail's (BME) "No Recommendation" Rating Reaffirmed at Shore Capital

B&M European Value Retail (LON:BME - Get Free Report)'s stock had its "no recommendation" rating reaffirmed by equities research analysts at Shore Capital in a report released on Tuesday, MarketBeat.com reports.

Other equities analysts also recently issued research reports about the company. Citigroup reiterated a "buy" rating and issued a GBX 456 ($6.12) price objective on shares of B&M European Value Retail in a research note on Friday, March 28th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 490 ($6.58) price objective on shares of B&M European Value Retail in a research note on Monday, June 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 410 ($5.51) price objective on shares of B&M European Value Retail in a research note on Tuesday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, B&M European Value Retail has a consensus rating of "Moderate Buy" and a consensus price target of GBX 505.07 ($6.78).

B&M European Value Retail Stock Performance

Shares of LON BME traded up GBX 4.20 ($0.06) during midday trading on Tuesday, reaching GBX 236.70 ($3.18). The company's stock had a trading volume of 7,632,326 shares, compared to its average volume of 14,603,612. B&M European Value Retail has a 12-month low of GBX 220.80 ($2.96) and a 12-month high of GBX 475.80 ($6.39). The firm has a 50 day moving average price of GBX 292.52 and a 200-day moving average price of GBX 300.37. The stock has a market capitalization of £2.38 billion, a P/E ratio of 5.66 and a beta of 1.05. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38.

B&M European Value Retail (LON:BME - Get Free Report) last announced its 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%. As a group, equities analysts predict 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 news, insider Tjeerd Jegen purchased 37,500 shares of the firm's stock in a transaction dated Friday, June 13th. The shares were purchased at an average price of GBX 270 ($3.63) per share, with a total value of £101,250 ($135,960.79). Also, insider Hounaïda Lasry purchased 7,600 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was purchased at an average cost of GBX 262 ($3.52) per share, for a total transaction of £19,912 ($26,738.28). In the last 90 days, insiders have acquired 160,500 shares of company stock worth $42,621,400. Company insiders own 4.22% of the company's stock.

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.