B&M European Value Retail S.A. (LON:BME) Stock Has Average Price Target of GBX 206.25

B&M European Value Retail S.A. (LON:BME) has been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 206.25.

BME has been the topic of a number of analyst reports. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a report on Wednesday, July 15th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 180 price target on shares of B&M European Value Retail in a research report on Wednesday, July 1st.

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 264.60 on Wednesday. The business’s 50 day simple moving average is GBX 239.16 and its two-hundred day simple moving average is GBX 204.44. The firm has a market cap of £2.66 billion, a P/E ratio of 16.23 and a beta of 1.10. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. B&M European Value Retail has a 52-week low of GBX 140 and a 52-week high of GBX 268.40.

Insider Buying and Selling

In related news, insider Peter Waterhouse sold 3,715 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of GBX 234, for a total transaction of £8,693.10. Also, insider Tjeerd Jegen purchased 146,910 shares of the firm’s stock in a transaction that occurred on Monday, September 7th. The shares were bought at an average price of GBX 233 per share, with a total value of £342,300.30. 22.80% of the stock is owned by company insiders.

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.