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

B&M European Value Retail (LON:BME) was downgraded by equities research analysts at Jefferies Financial Group to a “hold” rating in a research note issued on Monday, MarketBeat Ratings reports. They presently have a GBX 525 ($6.48) target price on the stock, up from their previous target price of GBX 380 ($4.69). Jefferies Financial Group’s target price suggests a potential upside of 0.15% from the company’s current price.

Several other equities analysts have also recently issued reports on BME. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 660 ($8.15) price target on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Shore Capital restated a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, B&M European Value Retail has an average rating of “Hold” and a consensus price target of GBX 583.29 ($7.20).

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 524.20 ($6.47) on Monday. The company has a market cap of £5.24 billion, a price-to-earnings ratio of 1,497.71 and a beta of 1.00. The company has a debt-to-equity ratio of 280.00, a current ratio of 1.37 and a quick ratio of 0.38. The firm has a 50 day simple moving average of GBX 527.83 and a 200 day simple moving average of GBX 542.38. B&M European Value Retail has a one year low of GBX 454 ($5.61) and a one year high of GBX 618.20 ($7.64).

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.