B&M European Value Retail S.A. (LON:BME) Given Average Rating of “Moderate Buy” by Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 457.75 ($6.21).

BME has been the topic of a number of recent research reports. Citigroup reiterated a “buy” rating and set a GBX 456 ($6.19) price target on shares of B&M European Value Retail in a research report on Friday, March 28th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 490 ($6.65) target price on shares of B&M European Value Retail in a report on Monday, June 9th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday, April 15th.

Insider Activity

In other news, insider Hounaïda Lasry purchased 7,600 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The shares were bought at an average cost of GBX 262 ($3.56) per share, for a total transaction of £19,912 ($27,021.31). Insiders own 4.22% of the company’s stock.

B&M European Value Retail Stock Up 2.3%

BME stock opened at GBX 261.90 ($3.55) on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The company’s 50 day moving average is GBX 318.16 and its 200 day moving average is GBX 314.73. The stock has a market cap of £2.64 billion, a price-to-earnings ratio of 6.26 and a beta of 1.05. B&M European Value Retail has a 1-year low of GBX 2.59 ($0.04) and a 1-year high of GBX 480 ($6.51).

B&M European Value Retail (LON:BME) last issued its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. Sell-side analysts predict that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

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.