B&M European Value Retail (LON:BME) had its price objective cut by Goldman Sachs Group from GBX 440 ($5.75) to GBX 425 ($5.55) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.

Several other research analysts have also commented on the stock. Shore Capital reiterated a buy rating and set a GBX 429 ($5.61) price objective on shares of B&M European Value Retail in a research note on Friday, November 8th. Barclays reiterated an overweight rating and set a GBX 435 ($5.68) price objective on shares of B&M European Value Retail in a research note on Wednesday. Morgan Stanley reiterated an equal weight rating on shares of B&M European Value Retail in a research note on Monday. UBS Group reiterated a buy rating on shares of B&M European Value Retail in a research note on Tuesday. Finally, JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 390 ($5.10) price objective on shares of B&M European Value Retail in a research note on Thursday, August 22nd. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 427.23 ($5.58).

Shares of LON BME traded up GBX 6.40 ($0.08) during trading hours on Thursday, hitting GBX 377.80 ($4.94). 3,158,615 shares of the stock were exchanged, compared to its average volume of 3,550,000. The company has a quick ratio of 0.16, a current ratio of 1.23 and a debt-to-equity ratio of 208.08. The company has a market cap of $3.76 billion and a PE ratio of 28.84. The firm has a fifty day moving average price of GBX 372.44 and a 200-day moving average price of GBX 362.54. B&M European Value Retail has a 12 month low of GBX 277.70 ($3.63) and a 12 month high of GBX 402.50 ($5.26).

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 2.70 ($0.04) per share. This represents a yield of 0.76%. The ex-dividend date is Thursday, November 21st. B&M European Value Retail’s dividend payout ratio is presently 0.61%.

About B&M European Value Retail

B&M European Value Retail SA operates as a discount retailer in the United Kingdom, Germany, and France. It provides FMCG brands and non-grocery products through general merchandise and grocery stores, and convenience stores. The company operates a chain of 620 stores under the B&M brand; 281 stores under the Heron Foods brand; 96 stores under the Jawoll; and 96 stores under the Babou brand.

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Analyst Recommendations for B&M European Value Retail (LON:BME)

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