Analysts Set B&M European Value Retail S.A. (LON:BME) Target Price at GBX 511.67

B&M European Value Retail S.A. (LON:BME) has received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 502.67 ($6.51).

BME has been the subject of several recent research reports. Canaccord Genuity Group decreased their price objective on B&M European Value Retail from GBX 545 ($7.05) to GBX 490 ($6.34) and set a “buy” rating for the company in a report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price target on shares of B&M European Value Retail from GBX 349 ($4.52) to GBX 320 ($4.14) and set an “underweight” rating for the company in a research report on Monday, January 13th. Finally, Citigroup restated a “buy” rating and set a GBX 456 ($5.90) price objective on shares of B&M European Value Retail in a report on Friday.

Insider Activity

In other B&M European Value Retail news, insider Oliver Tant bought 7,500 shares of the stock in a transaction dated Wednesday, February 26th. The shares were bought at an average cost of GBX 285 ($3.69) per share, for a total transaction of £21,375 ($27,666.32). 4.22% of the stock is currently owned by corporate insiders.

B&M European Value Retail Stock Performance

Shares of BME opened at GBX 267.70 ($3.46) on Thursday. The stock has a 50-day moving average of GBX 291.91 and a 200-day moving average of GBX 349.45. B&M European Value Retail has a one year low of GBX 254.60 ($3.30) and a one year high of GBX 556.60 ($7.20). The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. The company has a market cap of £2.70 billion, a PE ratio of 6.40 and a beta of 1.05.

B&M European Value Retail Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were given a dividend of GBX 15 ($0.19) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 4.75%. This is a boost from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio (DPR) is currently 35.88%.

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.