Brokerages Set B&M European Value Retail S.A. (LON:BME) PT at GBX 579.60

Shares of B&M European Value Retail S.A. (LON:BME) have earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 593 ($7.38).

A number of research analysts recently issued reports on BME shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 660 ($8.22) price target on shares of B&M European Value Retail in a report on Wednesday. Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday.

Insider Transactions at B&M European Value Retail

In other B&M European Value Retail news, insider Oliver Tant acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was acquired at an average cost of GBX 519 ($6.46) per share, for a total transaction of £25,950 ($32,304.24). Corporate insiders own 4.23% of the company’s stock.

B&M European Value Retail Stock Up 1.4 %

Shares of LON:BME opened at GBX 520 ($6.47) on Tuesday. B&M European Value Retail has a 52 week low of GBX 454 ($5.65) and a 52 week high of GBX 618.20 ($7.70). The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37. The company’s fifty day moving average is GBX 526.94 and its 200-day moving average is GBX 543.30. The company has a market capitalization of £5.20 billion, a PE ratio of 1,485.71 and a beta of 1.00.

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.