B&M European Value Retail S.A. (LON:BME) Receives GBX 546.20 Average Target Price from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 546.20 ($6.83).

A number of analysts have commented on the stock. Redburn Atlantic set a 500.00 target price on shares of B&M European Value Retail and gave the stock a “neutral” rating in a report on Wednesday, September 25th. BNP Paribas assumed coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They issued an “outperform” rating and a 660.00 target price for the company. HSBC set a 640.00 price objective on B&M European Value Retail and gave the company a “buy” rating in a report on Monday, November 18th. Investec set a 495.00 target price on B&M European Value Retail and gave the stock a “hold” rating in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. initiated coverage on B&M European Value Retail in a research report on Monday, September 9th. They set an “underweight” rating and a 469.00 price objective on the stock.

Insider Activity

In other B&M European Value Retail news, insider Mike Schmidt sold 17,878 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.41), for a total value of £63,109.34 ($78,876.82). Also, insider Oliver Tant acquired 12,500 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were bought at an average cost of GBX 361 ($4.51) per share, for a total transaction of £45,125 ($56,399.20). Insiders own 4.22% of the company’s stock.

B&M European Value Retail Stock Down 0.5 %

Shares of LON:BME opened at GBX 355 ($4.44) on Tuesday. The company has a quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. The company’s 50-day moving average price is GBX 376.32 and its two-hundred day moving average price is GBX 426.52. B&M European Value Retail has a 12 month low of GBX 324.80 ($4.06) and a 12 month high of GBX 581 ($7.26). The firm has a market cap of £3.55 billion, a P/E ratio of 986.11 and a beta of 1.05.

B&M European Value Retail Cuts Dividend

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

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.