Jefferies Financial Group Forecasts Strong Price Appreciation for B&M European Value Retail (LON:BME) Stock

B&M European Value Retail (LON:BME – Get Free Report) had its price objective hoisted by investment analysts at Jefferies Financial Group from GBX 180 to GBX 240 in a research note issued on Thursday, Digital Look reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group‘s price target indicates a potential downside of 12.02% from the company’s current price.

Separately, Shore Capital Group restated a “hold” rating and set a GBX 215 price objective on shares of B&M European Value Retail in a research report on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, B&M European Value Retail has a consensus rating of “Hold” and an average target price of GBX 213.75.

Check Out Our Latest Stock Analysis on BME

B&M European Value Retail Stock Performance

BME opened at GBX 272.80 on Thursday. The firm has a market cap of £2.74 billion, a P/E ratio of 16.74 and a beta of 1.10. B&M European Value Retail has a 1-year low of GBX 140 and a 1-year high of GBX 287.20. The company has a 50 day simple moving average of GBX 247.17 and a two-hundred day simple moving average of GBX 211.43. The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38.

Insider Activity

In related news, insider Peter Waterhouse sold 3,715 shares of B&M European Value Retail stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of GBX 234, for a total transaction of £8,693.10. Also, insider Tjeerd Jegen bought 18,567 shares of the firm’s stock in a transaction that occurred on Monday, September 7th. The shares were acquired at an average cost of GBX 233 per share, for a total transaction of £43,261.11. Company insiders own 22.80% of the company’s stock.

B&M European Value Retail Company Profile

(Get Free Report)

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.

See Also

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

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