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 recommendation of “Moderate Buy” by the eighteen research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 516 ($6.32).

A number of equities analysts have recently weighed in on BME shares. Royal Bank of Canada started coverage on B&M European Value Retail in a report on Monday, November 18th. They issued an “outperform” rating and a 500.00 target price on the stock. 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. BNP Paribas assumed coverage on B&M European Value Retail in a research report on Monday, November 18th. They issued an “outperform” rating and a 660.00 target price on the stock. Morgan Stanley set a 358.00 price target on B&M European Value Retail and gave the company an “underweight” rating in a report on Monday, November 18th. Finally, Citigroup cut their price objective on shares of B&M European Value Retail from GBX 540 ($6.61) to GBX 510 ($6.24) and set a “buy” rating on the stock in a research report on Friday, November 22nd.

Insider Transactions at B&M European Value Retail

In other news, insider Oliver Tant acquired 12,500 shares of B&M European Value Retail stock in a transaction on Friday, December 6th. The stock was bought at an average price of GBX 361 ($4.42) per share, for a total transaction of £45,125 ($55,232.56). Also, insider Mike Schmidt sold 17,878 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.32), for a total value of £63,109.34 ($77,245.21). Insiders own 4.22% of the company’s stock.

B&M European Value Retail Stock Down 2.8 %

BME stock opened at GBX 312.90 ($3.83) on Friday. The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38. The firm has a market cap of £3.13 billion, a PE ratio of 869.17 and a beta of 1.05. B&M European Value Retail has a 12 month low of GBX 299.60 ($3.67) and a 12 month high of GBX 561.80 ($6.88). The firm has a 50 day simple moving average of GBX 356.23 and a 200 day simple moving average of GBX 406.24.

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 GBX 15 ($0.18) dividend. This represents a yield of 4.75%. This is a positive change from B&M European Value Retail’s previous dividend of $5.30. The ex-dividend date of this dividend is Thursday, January 16th. B&M European Value Retail’s dividend payout ratio (DPR) is currently 4,166.67%.

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.