B&M European Value Retail S.A. (LON:BME) Insider Acquires £19,912 in Stock

B&M European Value Retail S.A. (LON:BME) insider Hounaïda Lasry purchased 7,600 shares of the firm’s stock in a transaction on Wednesday, June 11th. The shares were purchased at an average cost of GBX 262 ($3.56) per share, with a total value of £19,912 ($27,035.98).

B&M European Value Retail Stock Down 0.3%

Shares of B&M European Value Retail stock opened at GBX 260.70 ($3.54) on Friday. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The firm has a market cap of £2.63 billion, a P/E ratio of 6.24 and a beta of 1.05. B&M European Value Retail S.A. has a fifty-two week low of GBX 254.60 ($3.46) and a fifty-two week high of GBX 480 ($6.52). The business has a 50-day moving average price of GBX 318.60 and a 200 day moving average price of GBX 315.55.

B&M European Value Retail (LON:BME) last issued its quarterly earnings data on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. On average, sell-side analysts forecast that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BME has been the topic of several analyst reports. Citigroup reaffirmed a “buy” rating and set a GBX 456 ($6.19) price target on shares of B&M European Value Retail in a research report on Friday, March 28th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 490 ($6.65) price objective on shares of B&M European Value Retail in a research note on Monday, June 9th. Finally, Shore Capital reiterated a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, B&M European Value Retail presently has an average rating of “Moderate Buy” and an average price target of GBX 538.76 ($7.32).

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.