B&M European Value Retail S.A. (LON:BME) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 206.25.

Several research firms recently commented on BME. Jefferies Financial Group reissued a “hold” rating and set a GBX 165 price target on shares of B&M European Value Retail in a research report on Thursday. Citigroup boosted their price target on B&M European Value Retail from GBX 165 to GBX 180 and gave the stock a “neutral” rating in a research report on Thursday, February 5th.

B&M European Value Retail Stock Performance

LON BME opened at GBX 211 on Thursday. The firm has a market capitalization of £2.12 billion, a P/E ratio of 8.54 and a beta of 1.09. B&M European Value Retail has a 1-year low of GBX 140 and a 1-year high of GBX 294.60. The company has a debt-to-equity ratio of 348.52, a current ratio of 1.26 and a quick ratio of 0.38. The business’s 50-day simple moving average is GBX 171.36 and its 200-day simple moving average is GBX 171.61.

B&M European Value Retail (LON:BME) last released its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. The firm had revenue of GBX 577.50 billion for the quarter. B&M European Value Retail had a return on equity of 34.04% and a net margin of 4.39%. Equities analysts predict that B&M European Value Retail will post 38.4814815 EPS for the current year.

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.