B&M European Value Retail (LON:BME) Rating Lowered to “Hold” at Shore Capital Group

B&M European Value Retail (LON:BME) was downgraded by stock analysts at Shore Capital Group to a “hold” rating in a research report issued to clients and investors on Tuesday,Digital Look reports. They presently have a GBX 215 price target on the stock. Shore Capital Group’s price objective would indicate a potential upside of 13.94% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 165 price objective on shares of B&M European Value Retail in a research note on Thursday, June 4th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, B&M European Value Retail currently has an average rating of “Hold” and a consensus target price of GBX 204.38.

B&M European Value Retail Stock Performance

LON BME traded down GBX 3.30 during trading on Tuesday, reaching GBX 188.70. The company’s stock had a trading volume of 6,567,098 shares, compared to its average volume of 41,606,055. The business’s fifty day moving average price is GBX 177.38 and its 200-day moving average price is GBX 173.81. B&M European Value Retail has a twelve month low of GBX 140 and a twelve month high of GBX 288.93. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. The firm has a market cap of £1.90 billion, a price-to-earnings ratio of 11.58 and a beta of 1.09.

B&M European Value Retail (LON:BME) last announced its earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. The business had revenue of GBX 577.50 billion during the quarter. As a group, analysts anticipate that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

Insider Transactions at B&M European Value Retail

In other news, insider Peter Pritchard acquired 53,016 shares of the business’s stock in a transaction on Monday, June 15th. The stock was bought at an average price of GBX 192 per share, for a total transaction of £101,790.72. Corporate insiders own 22.79% of the company’s stock.

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.