Hounaïda Lasry Buys 7,600 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 Hounaïda Lasry acquired 7,600 shares of the stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average cost of GBX 262 ($3.57) per share, for a total transaction of £19,912 ($27,109.60).

B&M European Value Retail Stock Up 0.9%

BME traded up GBX 2.40 ($0.03) during midday trading on Friday, hitting GBX 263.80 ($3.59). 7,118,704 shares of the company's stock traded hands, compared to its average volume of 15,801,768. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. The company has a market cap of £2.66 billion, a PE ratio of 6.31 and a beta of 1.05. B&M European Value Retail S.A. has a one year low of GBX 254.60 ($3.47) and a one year high of GBX 480 ($6.54). The stock's fifty day simple moving average is GBX 318.93 and its 200-day simple moving average is GBX 316.33.

B&M European Value Retail (LON:BME - Get Free Report) last released 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 net margin of 5.81% and a return on equity of 43.85%. As a group, equities analysts anticipate that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BME. Citigroup restated a "buy" rating and set a GBX 456 ($6.21) target price on shares of B&M European Value Retail in a report on Friday, March 28th. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 490 ($6.67) price objective on shares of B&M European Value Retail in a research report on Monday. Finally, Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 538.76 ($7.34).

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.