B&M European Value Retail (LON:BME) Given Hold Rating at Jefferies Financial Group

B&M European Value Retail (LON:BME)‘s stock had its “hold” rating reiterated by analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 180 price objective on the stock. Jefferies Financial Group’s price target indicates a potential downside of 5.06% from the stock’s previous close.

Separately, Shore Capital Group lowered B&M European Value Retail to a “hold” rating and set a GBX 215 price objective for the company. in a research note on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 206.25.

B&M European Value Retail Stock Performance

Shares of BME traded down GBX 5.30 during trading hours on Wednesday, reaching GBX 189.60. 3,900,190 shares of the company traded hands, compared to its average volume of 48,533,863. The company has a quick ratio of 0.38, a current ratio of 1.42 and a debt-to-equity ratio of 306.52. The business has a fifty day moving average price of GBX 180.95 and a 200-day moving average price of GBX 176.16. B&M European Value Retail has a 12-month low of GBX 140 and a 12-month high of GBX 288.93. The stock has a market capitalization of £1.91 billion, a P/E ratio of 11.63 and a beta of 1.09.

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

Insider Buying and Selling at B&M European Value Retail

In other news, insider Tjeerd Jegen purchased 53,100 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average price of GBX 187 per share, for a total transaction of £99,297. Also, insider Peter Pritchard acquired 53,016 shares of the business’s stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of GBX 192 per share, with a total value of £101,790.72. 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.