B&M European Value Retail S.A. (LON:BME) Receives Average Recommendation of “Moderate Buy” from Brokerages

B&M European Value Retail S.A. (LON:BME) has received an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 207.50.

A number of research firms have commented on BME. Jefferies Financial Group cut their price target on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Shore Capital Group restated a “buy” rating on shares of B&M European Value Retail in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their target price on shares of B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Berenberg Bank reduced their target price on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a report on Thursday, December 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the company an “underweight” rating in a research report on Friday, January 23rd.

B&M European Value Retail Price Performance

LON:BME opened at GBX 181 on Thursday. The company has a market capitalization of £1.82 billion, a P/E ratio of 7.33 and a beta of 1.17. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 348.52. B&M European Value Retail has a 52 week low of GBX 140 and a 52 week high of GBX 350. The stock’s fifty day moving average is GBX 177.63 and its two-hundred day moving average is GBX 190.37.

Insider Activity

In related news, insider Oliver Tant sold 10,850 shares of the company’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. 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.