B&M European Value Retail (LON:BME) Insider Tjeerd Jegen Buys 53,100 Shares

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen acquired 53,100 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average cost of GBX 187 per share, for a total transaction of £99,297.

B&M European Value Retail Stock Up 12.7%

B&M European Value Retail stock traded up GBX 23.70 during trading hours on Wednesday, reaching GBX 210.40. The stock had a trading volume of 811,351,563 shares, compared to its average volume of 46,642,242. The company has a market cap of £2.11 billion, a price-to-earnings ratio of 12.91 and a beta of 1.09. The business’s 50 day moving average price is GBX 178.06 and its 200-day moving average price is GBX 174.68. B&M European Value Retail S.A. has a 52 week low of GBX 140 and a 52 week high of GBX 288.93. The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38.

B&M European Value Retail (LON:BME) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share (EPS) for the quarter. The firm had revenue of GBX 577.50 billion for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. Sell-side analysts anticipate that B&M European Value Retail S.A. will post 38.4814815 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 165 price objective on shares of B&M European Value Retail in a research report on Thursday, June 4th. Shore Capital Group cut shares of B&M European Value Retail to a “hold” rating and set a GBX 215 target price on the stock. in a research report on Tuesday, June 16th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 204.38.

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.