B&M European Value Retail’s (BME) Buy Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of B&M European Value Retail (LON:BME) in a research report report published on Friday morning, Marketbeat.com reports.

A number of other research firms also recently issued reports on BME. JPMorgan Chase & Co. boosted their target price on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the company an “underweight” rating in a research report on Friday. Citigroup reduced their price objective on B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating for the company in a report on Wednesday, November 12th. Berenberg Bank dropped their target price on B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a report on Thursday, December 4th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 200 price target on shares of B&M European Value Retail in a research report on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, B&M European Value Retail presently has an average rating of “Moderate Buy” and an average target price of GBX 213.13.

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 161.60 on Friday. B&M European Value Retail has a twelve month low of GBX 154 and a twelve month high of GBX 350. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The company has a market cap of £1.62 billion, a PE ratio of 6.54 and a beta of 1.05. The company’s 50 day moving average is GBX 165.11 and its 200 day moving average is GBX 203.46.

B&M European Value Retail (LON:BME) last released its quarterly earnings data on Thursday, November 13th. The company reported GBX 7.20 EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. On average, sell-side analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Transactions at B&M European Value Retail

In other B&M European Value Retail news, insider Tjeerd Jegen acquired 31,850 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of GBX 155 per share, with a total value of £49,367.50. Insiders purchased a total of 123,950 shares of company stock worth $19,757,500 in the last quarter. Corporate insiders own 22.79% of the company’s stock.

B&M European Value Retail News Summary

Here are the key news stories impacting B&M European Value Retail this week:

• Positive Sentiment: Shore Capital reaffirmed its “buy” rating on BME, maintaining analyst support for the shares despite recent headwinds. Read More.
• Neutral Sentiment: JPMorgan raised its price target from GBX 163 to GBX 170 but kept an “underweight” rating — a modestly higher target but still a cautious stance from a large broker, which may limit upside from institutional buyers. Read More.
• Negative Sentiment: B&M cut profit guidance after increased investments in pricing and clearance activity, citing margin pressure from those actions — this operational outlook change is the most direct negative catalyst for the share move. Read More.
• Negative Sentiment: Canaccord Genuity trimmed its price target from GBX 245 to GBX 230 but kept a “buy” rating, signaling reduced upside expectations after the company’s guidance and margin actions. Read More.
• Negative Sentiment: Deutsche Bank lowered its price target from GBX 180 to GBX 175 while maintaining a “buy” rating — another analyst cut to targets that adds downward pressure on sentiment. Read More.

B&M European Value Retail Company Profile

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.