B&M European Value Retail S.A. (LON:BME) Receives GBX 207.50 Consensus Target Price from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 207.50.

BME has been the topic of several research analyst reports. Canaccord Genuity Group decreased their target price on shares of B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Berenberg Bank reduced their price objective on shares of B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating for the company in a research note on Thursday, December 4th. Shore Capital Group reissued a “buy” rating on shares of B&M European Value Retail in a report on Friday, January 23rd. Peel Hunt reaffirmed an “add” rating and issued a GBX 200 target price on shares of B&M European Value Retail in a report on Thursday, November 13th. Finally, Jefferies Financial Group reduced their price target on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating for the company in a research report on Thursday, November 20th.

B&M European Value Retail Trading Down 0.3%

Shares of BME stock opened at GBX 186.92 on Friday. The business’s fifty day moving average price is GBX 171.10 and its 200 day moving average price is GBX 195.81. The firm has a market capitalization of £1.88 billion, a PE ratio of 7.57 and a beta of 1.05. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. B&M European Value Retail has a 1-year low of GBX 154 and a 1-year high of GBX 350.

About B&M European Value Retail

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.