B&M European Value Retail (LON:BME) released its earnings results on Tuesday. The company reported GBX 8 ($0.10) earnings per share for the quarter, beating the consensus estimate of GBX 7.80 ($0.10) by GBX 0.20 ($0.00), Digital Look Earnings reports.

Shares of B&M European Value Retail stock traded down GBX 21.90 ($0.29) during trading hours on Thursday, hitting GBX 352.50 ($4.61). The company’s stock had a trading volume of 2,814,309 shares, compared to its average volume of 3,550,000. B&M European Value Retail has a 12 month low of GBX 295.04 ($3.86) and a 12 month high of GBX 436.20 ($5.70).

The firm also recently declared a dividend, which will be paid on Friday, December 21st. Shareholders of record on Thursday, November 22nd will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, November 22nd. This represents a dividend yield of 0.72%.

Several research firms have weighed in on BME. JPMorgan Chase & Co. reissued a “neutral” rating on shares of B&M European Value Retail in a research note on Wednesday. Credit Suisse Group cut their target price on B&M European Value Retail from GBX 480 ($6.27) to GBX 470 ($6.14) and set an “outperform” rating on the stock in a research note on Wednesday. Liberum Capital reissued a “buy” rating on shares of B&M European Value Retail in a research note on Tuesday. Peel Hunt reissued a “buy” rating on shares of B&M European Value Retail in a research note on Monday. Finally, UBS Group reissued a “buy” rating on shares of B&M European Value Retail in a research note on Friday, October 26th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 464.17 ($6.07).

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B&M European Value Retail Company Profile

B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.

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