B&M European Value Retail S.A. (LON:BME) Receives GBX 579.60 Average PT from Analysts

B&M European Value Retail S.A. (LON:BME) has been given a consensus rating of “Hold” by the six research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 593 ($7.38).

Several equities research analysts have recently weighed in on BME shares. Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 660 ($8.22) price objective on shares of B&M European Value Retail in a research note on Wednesday.

B&M European Value Retail Price Performance

Shares of BME opened at GBX 510.40 ($6.35) on Tuesday. The company has a 50 day moving average price of GBX 527.29 and a 200-day moving average price of GBX 542.69. B&M European Value Retail has a fifty-two week low of GBX 454 ($5.65) and a fifty-two week high of GBX 618.20 ($7.70). The stock has a market capitalization of £5.10 billion, a PE ratio of 1,458.29 and a beta of 1.00. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37.

Insider Transactions at B&M European Value Retail

In other news, insider Oliver Tant purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 23rd. The shares were bought at an average price of GBX 519 ($6.46) per share, for a total transaction of £25,950 ($32,304.24). Company insiders own 4.23% 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.