Brokerages Set B&M European Value Retail S.A. (LON:BME) Price Target at GBX 587.67

B&M European Value Retail S.A. (LON:BME) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 587.67 ($7.69).

A number of equities analysts recently commented on BME shares. Canaccord Genuity Group restated a “buy” rating and issued a GBX 600 ($7.85) price objective on shares of B&M European Value Retail in a report on Tuesday, July 16th. JPMorgan Chase & Co. restated an “underweight” rating on shares of B&M European Value Retail in a research note on Friday, June 28th.

Insiders Place Their Bets

In related news, insider Alex Russo sold 8,602 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 424 ($5.55), for a total value of £36,472.48 ($47,732.60). Corporate insiders own 4.22% of the company’s stock.

B&M European Value Retail Trading Down 1.1 %

Shares of LON BME opened at GBX 406 ($5.31) on Tuesday. The firm has a market capitalization of £4.06 billion, a PE ratio of 1,127.78 and a beta of 1.05. B&M European Value Retail has a one year low of GBX 401.60 ($5.26) and a one year high of GBX 618.20 ($8.09). The company has a current ratio of 1.32, a quick ratio of 0.38 and a debt-to-equity ratio of 308.86. The business has a 50-day moving average price of GBX 432.17 and a two-hundred day moving average price of GBX 476.71.

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.