B&M European Value Retail S.A. (LON:BME) Receives GBX 511.67 Consensus Target Price from Analysts

B&M European Value Retail S.A. (LON:BME) has been assigned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment 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 1-year price target among analysts that have covered the stock in the last year is GBX 511.67 ($6.55).

Several equities analysts have recently commented on the company. BNP Paribas assumed coverage on B&M European Value Retail in a research report on Monday, November 18th. They set an “outperform” rating and a 660.00 price objective on the stock. Citigroup reduced their price objective on B&M European Value Retail from GBX 540 ($6.91) to GBX 510 ($6.52) and set a “buy” rating on the stock in a research report on Friday, November 22nd. JPMorgan Chase & Co. reduced their price objective on B&M European Value Retail from GBX 349 ($4.46) to GBX 320 ($4.09) and set an “underweight” rating on the stock in a research report on Monday, January 13th. 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 objective on the stock. Finally, The Goldman Sachs Group assumed coverage on B&M European Value Retail in a research report on Friday, November 22nd. They set a “buy” rating and a 475.00 price objective on the stock.

B&M European Value Retail Price Performance

Shares of LON BME opened at GBX 255.90 ($3.27) on Friday. The firm has a market capitalization of £2.58 billion, a P/E ratio of 6.12 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The stock’s 50-day simple moving average is GBX 321.84 and its two-hundred day simple moving average is GBX 372.73. B&M European Value Retail has a twelve month low of GBX 254.60 ($3.26) and a twelve month high of GBX 561.80 ($7.19).

B&M European Value Retail Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were issued a GBX 15 ($0.19) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 4.75%. This is a boost from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio (DPR) is 35.88%.

Insiders Place Their Bets

In other B&M European Value Retail news, insider Oliver Tant acquired 12,500 shares of the company’s stock in a transaction on Friday, December 6th. The stock was acquired at an average price of GBX 361 ($4.62) per share, for a total transaction of £45,125 ($57,726.75). Company 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.