Oliver Tant Sells 10,850 Shares of B&M European Value Retail (LON:BME) Stock

Key Points

• Insider sale: Oliver Tant sold 10,850 shares on March 4 at an average price of GBX 186, for roughly £20,181.
• Stock move and fundamentals: Shares fell to GBX 175.50 on very heavy volume (269,541,781 vs. average 37,988,582), with a 52‑week range of GBX 140–350, market cap ~£1.76bn, P/E 7.11 and a high debt‑to‑equity ratio of 348.52.
• Analyst view: The consensus rating is a Moderate Buy with a consensus price target of GBX 207.50, though broker targets have been trimmed recently and ratings range from Buy to Sell (five Buy, two Hold, one Sell).

B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Oliver Tant sold 10,850 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of GBX 186, for a total transaction of £20,181.

B&M European Value Retail Stock Performance

B&M European Value Retail stock traded down GBX 4.46 during trading on Monday, reaching GBX 175.50. The company had a trading volume of 269,541,781 shares, compared to its average volume of 37,988,582. B&M European Value Retail S.A. has a 52 week low of GBX 140 and a 52 week high of GBX 350. The firm's 50-day simple moving average is GBX 176.07 and its 200 day simple moving average is GBX 192.96. The firm has a market capitalization of £1.76 billion, a price-to-earnings ratio of 7.11 and a beta of 1.17. The company has a current ratio of 1.26, a quick ratio of 0.38 and a debt-to-equity ratio of 348.52.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Shore Capital Group restated a "buy" rating on shares of B&M European Value Retail in a research note on Friday, January 23rd. Jefferies Financial Group decreased their price target on B&M European Value Retail from GBX 260 to GBX 175 and set a "hold" rating on the stock in a report on Thursday, November 20th. Peel Hunt restated an "add" rating and issued a GBX 200 price objective on shares of B&M European Value Retail in a research report on Thursday, November 13th. Berenberg Bank cut their target price on B&M European Value Retail from GBX 450 to GBX 300 and set a "buy" rating for the company in a research report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on B&M European Value Retail from GBX 180 to GBX 175 and set a "buy" rating on the stock in a report on Friday, January 23rd. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 207.50.

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.

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