B&M European Value Retail S.A. (LON:BME) Receives GBX 207.50 Consensus Price Target from Analysts

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

BME has been the subject of a number of research analyst reports. Canaccord Genuity Group reduced their target price on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating for the company in a report on Friday, January 23rd. JPMorgan Chase & Co. increased their target price on B&M European Value Retail from GBX 163 to GBX 170 and gave the company an “underweight” rating in a report on Friday, January 23rd. Shore Capital Group reissued a “buy” rating on shares of B&M European Value Retail in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their target price on B&M European Value Retail from GBX 180 to GBX 175 and set a “buy” rating for the company in a report on Friday, January 23rd. Finally, Citigroup increased their target price on B&M European Value Retail from GBX 165 to GBX 180 and gave the company a “neutral” rating in a report on Thursday, February 5th.

B&M European Value Retail Price Performance

Shares of B&M European Value Retail stock opened at GBX 175 on Monday. The business has a 50 day simple moving average of GBX 178.41 and a two-hundred day simple moving average of GBX 181.78. B&M European Value Retail has a 12 month low of GBX 140 and a 12 month high of GBX 350. The stock has a market capitalization of £1.76 billion, a P/E ratio of 7.09 and a beta of 1.14. The company has a debt-to-equity ratio of 348.52, a current ratio of 1.26 and a quick ratio of 0.38.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Oliver Tant sold 10,850 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of GBX 186, for a total transaction of £20,181. 22.79% 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.