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

Shares of B&M European Value Retail S.A. (LON:BME) have been given an average rating of “Moderate Buy” by the eighteen research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 546.20 ($6.87).

Several equities analysts have issued reports on the company. Panmure Gordon assumed coverage on B&M European Value Retail in a research report on Wednesday, October 2nd. They issued a “buy” rating and a 685.00 price objective for the company. Morgan Stanley set a 358.00 price objective on B&M European Value Retail and gave the company an “underweight” rating in a research report on Monday, November 18th. Redburn Atlantic set a 500.00 price objective on B&M European Value Retail and gave the company a “neutral” rating in a research report on Wednesday, September 25th. JPMorgan Chase & Co. began coverage on B&M European Value Retail in a research note on Monday, September 9th. They issued an “underweight” rating and a 469.00 target price for the company. Finally, Investec set a 495.00 price target on B&M European Value Retail and gave the company a “hold” rating in a research note on Wednesday, October 30th.

B&M European Value Retail Trading Down 1.6 %

Shares of BME opened at GBX 344.70 ($4.33) on Friday. The stock has a fifty day moving average price of GBX 397.14 and a two-hundred day moving average price of GBX 447.71. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. B&M European Value Retail has a 52-week low of GBX 324.80 ($4.08) and a 52-week high of GBX 618.20 ($7.77). The company has a market cap of £3.45 billion, a price-to-earnings ratio of 957.78 and a beta of 1.05.

B&M European Value Retail Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be issued a GBX 5.30 ($0.07) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.4%. B&M European Value Retail’s dividend payout ratio (DPR) is presently 4,166.67%.

Insider Transactions at B&M European Value Retail

In other news, insider Mike Schmidt sold 17,878 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.44), for a total value of £63,109.34 ($79,332.92). Also, insider Alex Russo sold 8,602 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.33), for a total transaction of £36,472.48 ($45,848.50). Insiders own 4.22% of the company’s stock.

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.