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

B&M European Value Retail S.A. (LON:BME) has been given a consensus recommendation of “Moderate Buy” by the eighteen brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 546.20 ($6.67).

A number of equities analysts have weighed in on the company. Royal Bank of Canada assumed coverage on B&M European Value Retail in a research report on Monday, November 18th. They set an “outperform” rating and a 500.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of B&M European Value Retail in a report on Friday, November 22nd. They set a “buy” rating and a 475.00 target price for the company. Investec set a 495.00 price target on shares of B&M European Value Retail and gave the company a “hold” rating in a research note on Wednesday, October 30th. BNP Paribas assumed coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They set an “outperform” rating and a 660.00 price target on the stock. Finally, Citigroup decreased their price objective on B&M European Value Retail from GBX 540 ($6.59) to GBX 510 ($6.23) and set a “buy” rating for the company in a report on Friday, November 22nd.

B&M European Value Retail Stock Down 0.9 %

BME stock opened at GBX 315.89 ($3.86) 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 capitalization of £3.16 billion, a P/E ratio of 877.47 and a beta of 1.05. B&M European Value Retail has a fifty-two week low of GBX 3.16 ($0.04) and a fifty-two week high of GBX 572.89 ($6.99). The business has a 50-day moving average of GBX 361.98 and a 200-day moving average of GBX 410.42.

B&M European Value Retail Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be issued a GBX 15 ($0.18) dividend. This is an increase from B&M European Value Retail’s previous dividend of $5.30. This represents a dividend yield of 4.75%. The ex-dividend date is Thursday, January 16th. B&M European Value Retail’s payout ratio is currently 4,166.67%.

Insider Transactions at B&M European Value Retail

In other news, insider Mike Schmidt sold 17,878 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.31), for a total value of £63,109.34 ($77,056.58). Also, insider Oliver Tant purchased 12,500 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was acquired at an average price of GBX 361 ($4.41) per share, for a total transaction of £45,125 ($55,097.68). 4.22% of the stock is currently owned by corporate insiders.

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.