B&M European Value Retail S.A. (LON:BME) Stock Has Average Price Target of GBX 218.75 According to Brokerages

B&M European Value Retail S.A. (LON:BME) has received an average recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat reports. One equities 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 target price among brokers that have issued a report on the stock in the last year is GBX 218.75.

A number of equities analysts have recently commented 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 report on Wednesday, July 15th. Berenberg Bank upped their target price on shares of B&M European Value Retail from GBX 290 to GBX 340 and gave the stock a “buy” rating in a research report on Tuesday, October 27th. Finally, Jefferies Financial Group upped their target price on shares of B&M European Value Retail from GBX 180 to GBX 240 and gave the stock a “hold” rating in a research report on Thursday, October 22nd.

Insiders Place Their Bets

In other news, insider Tjeerd Jegen purchased 18,567 shares of the company’s stock in a transaction on Monday, September 7th. The stock was acquired at an average price of GBX 233 per share, with a total value of £43,261.11. Also, insider Peter Waterhouse sold 3,715 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of GBX 234, for a total value of £8,693.10. Corporate insiders own 22.81% of the company’s stock.

B&M European Value Retail Stock Performance

Shares of BME opened at GBX 279.40 on Friday. B&M European Value Retail has a 52-week low of GBX 140 and a 52-week high of GBX 287.20. The stock’s 50-day simple moving average is GBX 255.84 and its 200 day simple moving average is GBX 206.60. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42. The stock has a market capitalization of £2.81 billion, a price-to-earnings ratio of 17.14 and a beta of 1.10.

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.