B&M European Value Retail S.A. (LON:BME) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on B&M European Value Retail, with four buys, three holds, and one sell among eight brokerages. The average 12-month price target is GBX 206.25.
• B&M shares opened at GBX 225.22, within a 12-month range of GBX 140 to GBX 269.30, and the company has a market capitalization of approximately £2.26 billion.
• Insiders have been buying shares: insiders purchased 271,593 shares worth about £58.7 million over the past three months, and insiders currently own 22.81% of the company.

Shares of B&M European Value Retail S.A. (LON:BME - Get Free Report) have earned an average recommendation of "Hold" from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 206.25.

BME has been the topic of several research reports. Jefferies Financial Group reissued a "hold" rating and issued a GBX 180 target price on shares of B&M European Value Retail in a research report on Wednesday, July 1st. Shore Capital Group reaffirmed a "hold" rating and set a GBX 215 price target on shares of B&M European Value Retail in a research report on Wednesday, July 15th.

B&M European Value Retail Trading Up 0.8%

LON BME opened at GBX 225.22 on Friday. B&M European Value Retail has a 12-month low of GBX 140 and a 12-month high of GBX 269.30. The company has a fifty day simple moving average of GBX 223.60 and a two-hundred day simple moving average of GBX 195.14. The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. The stock has a market cap of £2.26 billion, a P/E ratio of 13.82 and a beta of 1.11.

Insider Transactions at B&M European Value Retail

In other news, insider Tjeerd Jegen bought 146,910 shares of the firm's stock in a transaction that occurred on Monday, September 7th. The stock was purchased at an average price of GBX 233 per share, with a total value of £342,300.30. Also, insider Peter Pritchard bought 53,016 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of GBX 192 per share, for a total transaction of £101,790.72. Insiders bought a total of 271,593 shares of company stock worth $58,664,913 over the last three months. 22.81% of the stock is currently owned by insiders.

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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