Alex Russo Sells 8,602 Shares of B&M European Value Retail S.A. (LON:BME) Stock

B&M European Value Retail S.A. (LON:BME) insider Alex Russo sold 8,602 shares of B&M European Value Retail stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.54), for a total transaction of £36,472.48 ($47,695.15).

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 426.50 ($5.58) on Friday. The business has a fifty day moving average price of GBX 448.44 and a 200-day moving average price of GBX 493.52. The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38. The company has a market capitalization of £4.27 billion, a PE ratio of 1,184.72 and a beta of 1.05. B&M European Value Retail S.A. has a 1-year low of GBX 414.30 ($5.42) and a 1-year high of GBX 618.20 ($8.08).

Analyst Ratings Changes

Several equities analysts have commented on the company. Canaccord Genuity Group reissued a “buy” rating and set a GBX 600 ($7.85) price objective on shares of B&M European Value Retail in a research report on Tuesday, July 16th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of B&M European Value Retail in a research report on Friday, June 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 587.67 ($7.68).

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.