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

B&M European Value Retail S.A. (LON:BME) has received an average rating of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 206.25.

A number of analysts have recently commented on the company. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a research note on Wednesday, July 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 180 price target on shares of B&M European Value Retail in a research report on Wednesday, July 1st.

Insiders Place Their Bets

In other news, insider Tjeerd Jegen bought 18,567 shares of the business’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average cost of GBX 233 per share, with a total value of £43,261.11. Also, insider Peter Waterhouse sold 3,715 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of GBX 234, for a total transaction of £8,693.10. In the last 90 days, insiders have purchased 271,593 shares of company stock worth $58,664,913. Corporate insiders own 22.81% of the company’s stock.

B&M European Value Retail Price Performance

Shares of BME opened at GBX 225.22 on Friday. The business’s 50-day moving average is GBX 223.60 and its two-hundred day moving average is GBX 195.14. The company has a market capitalization of £2.26 billion, a P/E ratio of 13.82 and a beta of 1.11. B&M European Value Retail has a fifty-two week low of GBX 140 and a fifty-two week high of GBX 269.30. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42.

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.