B&M European Value Retail S.A. (LON:BME) Receives GBX 516 Consensus PT from Analysts

B&M European Value Retail S.A. (LON:BME) has earned a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 516 ($6.40).

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group assumed coverage on B&M European Value Retail in a research report on Friday, November 22nd. They issued a “buy” rating and a 475.00 target price on the stock. BNP Paribas started coverage on B&M European Value Retail in a report on Monday, November 18th. They issued an “outperform” rating and a 660.00 price objective on the stock. Barclays set a 570.00 target price on shares of B&M European Value Retail and gave the stock an “overweight” rating in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft set a 620.00 price target on shares of B&M European Value Retail and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Citigroup cut their price objective on shares of B&M European Value Retail from GBX 540 ($6.70) to GBX 510 ($6.33) and set a “buy” rating for the company in a report on Friday, November 22nd.

Insider Activity

In other news, insider Mike Schmidt sold 17,878 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.38), for a total transaction of £63,109.34 ($78,289.72). Also, insider Oliver Tant acquired 12,500 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was purchased at an average cost of GBX 361 ($4.48) per share, with a total value of £45,125 ($55,979.41). Insiders own 4.22% of the company’s stock.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 314 ($3.90) on Wednesday. The stock has a market capitalization of £3.14 billion, a P/E ratio of 872.22 and a beta of 1.05. The company’s fifty day moving average price is GBX 342.37 and its 200 day moving average price is GBX 392.24. 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 1 year low of GBX 299.60 ($3.72) and a 1 year high of GBX 561.80 ($6.97).

B&M European Value Retail (LON:BME) last released its quarterly earnings results on Thursday, November 14th. The company reported GBX 13.80 ($0.17) earnings per share for the quarter. B&M European Value Retail had a net margin of 6.69% and a return on equity of 50.48%. As a group, equities research analysts anticipate that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

B&M European Value Retail Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be given a dividend of GBX 15 ($0.19) per share. The ex-dividend date of this dividend is Thursday, January 16th. This is a boost from B&M European Value Retail’s previous dividend of $5.30. This represents a dividend yield of 4.75%. B&M European Value Retail’s dividend payout ratio (DPR) is currently 4,166.67%.

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.