B&M European Value Retail (LON:BME) Receives "Not Rated" Rating from Shore Capital

B&M European Value Retail (LON:BME - Get Free Report)'s stock had its "not rated" rating reiterated by Shore Capital in a research report issued on Tuesday, MarketBeat Ratings reports.

Several other equities research analysts have also commented on the company. Citigroup restated a "buy" rating and set a GBX 456 ($6.06) target price on shares of B&M European Value Retail in a research report on Friday, March 28th. JPMorgan Chase & Co. reduced their target price on B&M European Value Retail from GBX 349 ($4.64) to GBX 320 ($4.25) and set an "underweight" rating for the company in a research note on Monday, January 13th. Finally, Canaccord Genuity Group cut their price target on B&M European Value Retail from GBX 545 ($7.25) to GBX 490 ($6.52) and set a "buy" rating on the stock in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 538.76 ($7.16).

B&M European Value Retail Trading Up 2.8 %

LON BME traded up GBX 8.70 ($0.12) on Tuesday, hitting GBX 322.80 ($4.29). The company's stock had a trading volume of 6,021,202 shares, compared to its average volume of 20,204,912. The firm has a market cap of £3.25 billion, a PE ratio of 7.72 and a beta of 1.05. B&M European Value Retail has a 1-year low of GBX 254.60 ($3.39) and a 1-year high of GBX 556.60 ($7.40). The company's 50-day moving average is GBX 281.81 and its 200 day moving average is GBX 334.53. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77.

Insider Transactions at B&M European Value Retail

In related news, insider Oliver Tant acquired 7,500 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average price of GBX 285 ($3.79) per share, with a total value of £21,375 ($28,420.42). Corporate 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.