B&M European Value Retail S.A. (LON:BME – Get Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 176.62 and traded as high as GBX 199.10. B&M European Value Retail shares last traded at GBX 197.80, with a volume of 9,778,899 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 165 price objective on shares of B&M European Value Retail in a research note on Thursday, June 4th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 206.25.
View Our Latest Stock Report on BME
B&M European Value Retail Stock Up 1.8%
B&M European Value Retail (LON:BME – Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. The company had revenue of GBX 577.50 billion during the quarter. On average, analysts predict that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current year.
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.
Read More
- Five stocks we like better than B&M European Value Retail
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for B&M European Value Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail and related companies with MarketBeat.com's FREE daily email newsletter.
