Analysts Set B&M European Value Retail S.A. (LON:BME) Target Price at GBX 587.67

B&M European Value Retail S.A. (LON:BME) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 587.67 ($7.67).

A number of research firms recently commented on BME. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of B&M European Value Retail in a research note on Friday, June 28th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 600 ($7.83) price target on shares of B&M European Value Retail in a research note on Tuesday, July 16th.

B&M European Value Retail Trading Down 0.2 %

Shares of B&M European Value Retail stock opened at GBX 407.68 ($5.32) on Tuesday. B&M European Value Retail has a 1 year low of GBX 401.60 ($5.24) and a 1 year high of GBX 618.20 ($8.07). The business has a fifty day simple moving average of GBX 431.25 and a two-hundred day simple moving average of GBX 475.81. 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 company has a market capitalization of £4.08 billion, a price-to-earnings ratio of 1,134.17 and a beta of 1.05.

Insider Buying and Selling at B&M European Value Retail

In other B&M European Value Retail news, insider Alex Russo sold 8,602 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of GBX 424 ($5.54), for a total value of £36,472.48 ($47,626.64). Company insiders own 4.22% of the company’s stock.

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.