B&M European Value Retail’s (BME) “Hold” Rating Reiterated at Jefferies Financial Group

B&M European Value Retail (LON:BME)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Wednesday,Digital Look reports. They currently have a GBX 180 price target on the stock. Jefferies Financial Group’s price target points to a potential downside of 5.06% from the company’s previous close.

Separately, Shore Capital Group cut shares of B&M European Value Retail to a “hold” rating and set a GBX 215 price objective for the company. in a research report on Tuesday, June 16th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 206.25.

B&M European Value Retail Price Performance

Shares of B&M European Value Retail stock traded down GBX 5.30 on Wednesday, reaching GBX 189.60. The company’s stock had a trading volume of 3,900,190 shares, compared to its average volume of 48,533,863. The company has a quick ratio of 0.38, a current ratio of 1.42 and a debt-to-equity ratio of 306.52. The company has a market capitalization of £1.91 billion, a P/E ratio of 11.63 and a beta of 1.09. The stock has a 50-day moving average price of GBX 180.95 and a 200-day moving average price of GBX 176.16. B&M European Value Retail has a 52-week low of GBX 140 and a 52-week high of GBX 288.93.

B&M European Value Retail (LON:BME) last announced its earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%.The firm had revenue of GBX 577.50 billion for the quarter. Analysts expect that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Buying and Selling

In other news, insider Peter Pritchard purchased 53,016 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of GBX 192 per share, for a total transaction of £101,790.72. Also, insider Tjeerd Jegen purchased 53,100 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average price of GBX 187 per share, with a total value of £99,297. Insiders own 22.79% 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.