B&M European Value Retail S.A. (LON:BME) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have received an average recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 511.67 ($6.59).

A number of research firms have recently weighed in on BME. Canaccord Genuity Group lowered their price target on shares of B&M European Value Retail from GBX 545 ($7.02) to GBX 490 ($6.31) and set a “buy” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their target price on shares of B&M European Value Retail from GBX 349 ($4.49) to GBX 320 ($4.12) and set an “underweight” rating for the company in a research report on Monday, January 13th.

B&M European Value Retail Price Performance

Shares of BME stock opened at GBX 260.40 ($3.35) on Thursday. The stock’s 50-day moving average is GBX 293.84 and its 200 day moving average is GBX 352.56. B&M European Value Retail has a 1-year low of GBX 254.60 ($3.28) and a 1-year high of GBX 556.60 ($7.17). The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. The company has a market cap of £2.62 billion, a P/E ratio of 6.23 and a beta of 1.05.

B&M European Value Retail Increases Dividend

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

Insider Buying and Selling

In other B&M European Value Retail news, insider Oliver Tant bought 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average cost of GBX 285 ($3.67) per share, for a total transaction of £21,375 ($27,520.28). Corporate insiders own 4.22% of the company’s stock.

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.