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

B&M European Value Retail S.A. (LON:BME) has been given an average rating of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 206.25.

A number of analysts have recently issued reports on BME shares. Shore Capital Group reissued a “hold” rating and issued a GBX 215 price target on shares of B&M European Value Retail in a research report on Wednesday, July 15th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 180 price objective on shares of B&M European Value Retail in a research report on Wednesday, July 1st.

Insiders Place Their Bets

In related news, insider Peter Pritchard purchased 53,016 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of GBX 192 per share, with a total value of £101,790.72. Also, insider Tjeerd Jegen acquired 53,100 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average price of GBX 187 per share, with a total value of £99,297. Company insiders own 22.81% of the company’s stock.

B&M European Value Retail Stock Up 0.5%

LON:BME opened at GBX 213.20 on Friday. The business’s fifty day moving average price is GBX 191 and its 200 day moving average price is GBX 180.50. The firm has a market capitalization of £2.14 billion, a price-to-earnings ratio of 13.08 and a beta of 1.09. The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. B&M European Value Retail has a 1-year low of GBX 140 and a 1-year high of GBX 269.30.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%.The firm had revenue of GBX 577.50 billion during the quarter. On average, sell-side analysts forecast that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

About B&M European Value Retail

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.