B&M European Value Retail (LON:BME) Stock Rating Lowered by Jefferies Financial Group

Jefferies Financial Group downgraded shares of B&M European Value Retail (LON:BME - Free Report) to a hold rating in a report issued on Monday morning, Marketbeat reports. Jefferies Financial Group currently has GBX 525 ($6.48) price objective on the stock, up from their prior price objective of GBX 380 ($4.69).

Several other brokerages have also commented on BME. Shore Capital reaffirmed a not rated rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 660 ($8.15) price objective on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus target price of GBX 583.29 ($7.20).

B&M European Value Retail Stock Up 2.8 %

Shares of LON:BME traded up GBX 14.40 ($0.18) during trading on Monday, reaching GBX 524.80 ($6.48). The stock had a trading volume of 1,655,694 shares, compared to its average volume of 3,014,171. B&M European Value Retail has a one year low of GBX 454 ($5.61) and a one year high of GBX 618.20 ($7.64). The company has a market capitalization of £5.25 billion, a P/E ratio of 1,499.43 and a beta of 1.00. The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00. The firm's 50-day simple moving average is GBX 527.83 and its 200 day simple moving average is GBX 542.38.

Insiders Place Their Bets

In other B&M European Value Retail news, insider Oliver Tant purchased 5,000 shares of B&M European Value Retail stock in a transaction on Tuesday, January 23rd. The stock was bought at an average cost of GBX 519 ($6.41) per share, with a total value of £25,950 ($32,052.87). 4.23% 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.