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

B&M European Value Retail S.A. (LON:BME) has been given an average rating of “Moderate Buy” by 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 brokerages that have covered the stock in the last year is GBX 546.20 ($6.93).

Several brokerages recently weighed in on BME. Morgan Stanley set a 358.00 price target on shares of B&M European Value Retail and gave the stock an “underweight” rating in a report on Monday, November 18th. HSBC set a 640.00 price target on B&M European Value Retail and gave the company a “buy” rating in a research note on Monday, November 18th. JPMorgan Chase & Co. initiated coverage on shares of B&M European Value Retail in a report on Monday, September 9th. They set an “underweight” rating and a 469.00 price objective on the stock. The Goldman Sachs Group assumed coverage on B&M European Value Retail in a research report on Friday, November 22nd. They issued a “buy” rating and a 475.00 target price on the stock. Finally, BNP Paribas initiated coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They set an “outperform” rating and a 660.00 price target on the stock.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Oliver Tant purchased 12,500 shares of the business’s stock in a transaction on Friday, December 6th. The shares were bought at an average cost of GBX 361 ($4.58) per share, for a total transaction of £45,125 ($57,250.70). Also, insider Mike Schmidt sold 17,878 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.48), for a total transaction of £63,109.34 ($80,067.67). 4.22% of the stock is owned by insiders.

B&M European Value Retail Stock Down 1.6 %

BME stock opened at GBX 363.30 ($4.61) 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 firm has a 50 day moving average of GBX 378.41 and a 200 day moving average of GBX 428.33. B&M European Value Retail has a 52 week low of GBX 324.80 ($4.12) and a 52 week high of GBX 581 ($7.37). The stock has a market capitalization of £3.63 billion, a PE ratio of 1,009.17 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. Investors of record on Thursday, November 21st were given a dividend of GBX 5.30 ($0.07) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.4%. B&M European Value Retail’s payout ratio is currently 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.