B&M European Value Retail S.A. (LON:BME – Get Free Report) 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 %
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.
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