B&M European Value Retail S.A. (LON:BME) Receives Average Recommendation of “Hold” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 573.17 ($7.27).

Several equities research analysts have recently weighed in on BME shares. JPMorgan Chase & Co. reissued an “underweight” rating on shares of B&M European Value Retail in a research report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 660 ($8.37) price target on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Finally, Jefferies Financial Group downgraded B&M European Value Retail to a “hold” rating and lifted their target price for the company from GBX 380 ($4.82) to GBX 525 ($6.66) in a research note on Monday, April 22nd.

B&M European Value Retail Stock Performance

Shares of B&M European Value Retail stock opened at GBX 437.20 ($5.55) on Friday. The company has a debt-to-equity ratio of 280.00, a current ratio of 1.37 and a quick ratio of 0.38. The stock has a market capitalization of £4.37 billion, a price-to-earnings ratio of 1,249.14 and a beta of 1.01. The business has a 50-day moving average of GBX 513.33 and a 200 day moving average of GBX 527.39. B&M European Value Retail has a 12 month low of GBX 437.20 ($5.55) and a 12 month high of GBX 618.20 ($7.84).

B&M European Value Retail Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, June 27th will be paid a GBX 9.60 ($0.12) dividend. The ex-dividend date is Thursday, June 27th. This represents a dividend yield of 1.76%. B&M European Value Retail’s dividend payout ratio (DPR) is currently 4,285.71%.

Insider Activity

In other news, insider Hounaïda Lasry bought 7,000 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was bought at an average price of GBX 500 ($6.34) per share, for a total transaction of £35,000 ($44,399.34). 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.