Oliver Tant Acquires 12,500 Shares of B&M European Value Retail S.A. (LON:BME) Stock

B&M European Value Retail S.A. (LON:BME) insider Oliver Tant acquired 12,500 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were acquired at an average cost of GBX 361 ($4.61) per share, for a total transaction of £45,125 ($57,653.00).

B&M European Value Retail Trading Up 1.2 %

Shares of B&M European Value Retail stock opened at GBX 367.40 ($4.69) on Wednesday. The firm has a 50-day simple moving average of GBX 381.90 and a two-hundred day simple moving average of GBX 434.08. The company has a market cap of £3.67 billion, a P/E ratio of 1,020.56 and a beta of 1.05. B&M European Value Retail S.A. has a fifty-two week low of GBX 324.80 ($4.15) and a fifty-two week high of GBX 618.20 ($7.90). 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 Cuts Dividend

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

Analyst Ratings Changes

BME has been the topic of several research reports. BNP Paribas initiated coverage on shares of B&M European Value Retail in a report on Monday, November 18th. They set an “outperform” rating and a 660.00 price objective on the stock. Barclays set a 570.00 price objective on shares of B&M European Value Retail and gave the company an “overweight” rating in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft set a 620.00 price objective on shares of B&M European Value Retail and gave the company a “buy” rating in a report on Wednesday, October 30th. Citigroup cut their price objective on shares of B&M European Value Retail from GBX 540 ($6.90) to GBX 510 ($6.52) and set a “buy” rating on the stock in a report on Friday, November 22nd. Finally, Royal Bank of Canada started coverage on shares of B&M European Value Retail in a research note on Monday, November 18th. They issued an “outperform” rating and a 500.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 561.22 ($7.17).

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.