B&M European Value Retail S.A. (LON:BME) Stock Now Rated “Hold” by Wall Street Brokerages

B&M European Value Retail S.A. (LON:BME) has been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 218.75.

Several equities research analysts have recently issued reports on BME shares. Jefferies Financial Group raised their price objective on B&M European Value Retail from GBX 180 to GBX 240 and gave the company a “hold” rating in a research note on Thursday, October 22nd. Shore Capital Group reissued a “hold” rating and set a GBX 215 target price on shares of B&M European Value Retail in a research report on Wednesday, July 15th. Finally, Berenberg Bank increased their price target on B&M European Value Retail from GBX 290 to GBX 340 and gave the company a “buy” rating in a report on Tuesday, October 27th.

Insider Buying and Selling at B&M European Value Retail

In other B&M European Value Retail news, insider Peter Waterhouse sold 3,715 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of GBX 234, for a total transaction of £8,693.10. Also, insider Tjeerd Jegen acquired 146,910 shares of the business’s stock in a transaction on Monday, September 7th. The shares were purchased at an average price of GBX 233 per share, for a total transaction of £342,300.30. 22.80% of the stock is owned by insiders.

B&M European Value Retail Trading Up 0.7%

BME opened at GBX 274.40 on Friday. The stock has a 50-day moving average of GBX 252.10 and a 200 day moving average of GBX 203.78. The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. B&M European Value Retail has a 12 month low of GBX 140 and a 12 month high of GBX 287.20. The firm has a market cap of £2.76 billion, a P/E ratio of 16.83 and a beta of 1.10.

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.