B&M European Value Retail S.A. (LON:BME) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of B&M European Value Retail S.A. (LON:BME) have been given an average rating of “Hold” by the five analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 553.20 ($6.96).

Separately, Citigroup lowered their price target on B&M European Value Retail from GBX 540 ($6.80) to GBX 510 ($6.42) and set a “buy” rating for the company in a report on Friday.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 348.01 ($4.38) on Friday. 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 stock has a market cap of £3.48 billion, a price-to-earnings ratio of 964.36 and a beta of 1.05. The firm has a 50-day moving average of GBX 401.79 and a two-hundred day moving average of GBX 451.78. B&M European Value Retail has a 1 year low of GBX 324.80 ($4.09) and a 1 year high of GBX 618.20 ($7.78).

B&M European Value Retail Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 21st will be issued a GBX 5.30 ($0.07) dividend. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.4%. B&M European Value Retail’s dividend payout ratio is presently 4,166.67%.

Insider Buying and Selling at B&M European Value Retail

In other news, insider Alex Russo sold 8,602 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.34), for a total transaction of £36,472.48 ($45,917.76). Insiders own 4.22% of the company’s stock.

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.