B&M European Value Retail S.A. (LON:BME) Receives Consensus Rating of “Hold” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have earned an average rating of “Hold” from the eight research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 206.25.

A number of analysts have weighed in on BME shares. Jefferies Financial Group reissued a “hold” rating and set a GBX 180 price objective on shares of B&M European Value Retail in a report on Wednesday, July 1st. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a report on Wednesday, July 15th.

B&M European Value Retail Price Performance

Shares of LON BME opened at GBX 224.40 on Friday. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. B&M European Value Retail has a fifty-two week low of GBX 140 and a fifty-two week high of GBX 269.30. The firm has a market capitalization of £2.26 billion, a PE ratio of 13.77 and a beta of 1.09. The stock’s 50-day simple moving average is GBX 197.09 and its 200-day simple moving average is GBX 182.51.

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

Insiders Place Their Bets

In related news, insider Tjeerd Jegen acquired 53,100 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was bought at an average price of GBX 187 per share, for a total transaction of £99,297. Also, insider Peter Pritchard acquired 53,016 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was bought at an average price of GBX 192 per share, with a total value of £101,790.72. 22.81% of the stock is owned by insiders.

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.