B&M European Value Retail S.A. (LON:BME) Insider Oliver Tant Acquires 7,500 Shares

B&M European Value Retail S.A. (LON:BME) insider Oliver Tant purchased 7,500 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of GBX 285 ($3.61) per share, with a total value of £21,375 ($27,108.43).

Oliver Tant also recently made the following trade(s):

• On Friday, December 6th, Oliver Tant acquired 12,500 shares of B&M European Value Retail stock. The stock was bought at an average cost of GBX 361 ($4.58) per share, with a total value of £45,125 ($57,228.92).

B&M European Value Retail Trading Down 0.4 %

Shares of B&M European Value Retail stock opened at GBX 284.60 ($3.61) on Thursday. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. The firm has a 50-day moving average of GBX 326.85 and a 200-day moving average of GBX 377.02. B&M European Value Retail S.A. has a 52-week low of GBX 254.60 ($3.23) and a 52-week high of GBX 561.80 ($7.12). The stock has a market cap of £2.87 billion, a PE ratio of 6.81 and a beta of 1.05.

B&M European Value Retail Increases Dividend

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

Wall Street Analyst Weigh In

BME has been the topic of several analyst reports. Citigroup dropped their price target on shares of B&M European Value Retail from GBX 540 ($6.85) to GBX 510 ($6.47) and set a “buy” rating on the stock in a research report on Friday, November 22nd. HSBC set a 640.00 price objective on shares of B&M European Value Retail and gave the stock a “buy” rating in a research note on Monday, November 18th. Canaccord Genuity Group cut their target price on shares of B&M European Value Retail from GBX 545 ($6.91) to GBX 490 ($6.21) and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley set a 358.00 price target on B&M European Value Retail and gave the stock an “underweight” rating in a research report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft set a 620.00 price objective on B&M European Value Retail and gave the company a “buy” rating in a research report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 546.83 ($6.94).

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.