B&M European Value Retail SA (LON:BME) Given Consensus Rating of “Buy” by Analysts

Shares of B&M European Value Retail SA (LON:BME) have been given a consensus rating of “Buy” by the thirteen ratings firms that are currently covering the company, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 436.67 ($5.71).

BME has been the topic of a number of recent analyst reports. Liberum Capital reaffirmed a “buy” rating on shares of B&M European Value Retail in a research note on Monday, July 22nd. JPMorgan Chase & Co. raised shares of B&M European Value Retail to an “overweight” rating in a research note on Thursday, June 27th. Royal Bank of Canada lowered their target price on shares of B&M European Value Retail from GBX 450 ($5.88) to GBX 425 ($5.55) and set a “top pick” rating on the stock in a research note on Friday, May 24th. UBS Group reaffirmed a “buy” rating on shares of B&M European Value Retail in a research note on Thursday, July 25th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of B&M European Value Retail in a research note on Monday, July 22nd.

In other news, insider Simon Arora sold 14,988,083 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of GBX 375 ($4.90), for a total value of £56,205,311.25 ($73,442,194.24). Also, insider Gilles Petit bought 2,440 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was purchased at an average price of GBX 361 ($4.72) per share, for a total transaction of £8,808.40 ($11,509.73).

BME traded down GBX 0.20 ($0.00) on Friday, reaching GBX 349 ($4.56). The company had a trading volume of 956,941 shares, compared to its average volume of 3,550,000. The business has a 50 day moving average of GBX 347.64. The stock has a market capitalization of $3.49 billion and a P/E ratio of 17.02. The company has a debt-to-equity ratio of 65.87, a quick ratio of 0.21 and a current ratio of 1.46. B&M European Value Retail has a 52-week low of GBX 277.70 ($3.63) and a 52-week high of GBX 431 ($5.63).

The firm also recently declared a dividend, which was paid on Friday, August 2nd. Shareholders of record on Thursday, June 20th were given a dividend of GBX 4.90 ($0.06) per share. This is a boost from B&M European Value Retail’s previous dividend of $2.70. This represents a yield of 1.34%. The ex-dividend date of this dividend was Thursday, June 20th. B&M European Value Retail’s dividend payout ratio (DPR) is presently 0.39%.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates as a discount retailer in the United Kingdom, Germany, and France. It provides FMCG brands and non-grocery products through general merchandise and grocery stores, and convenience stores. The company operates a chain of 620 stores under the B&M brand; 281 stores under the Heron Foods brand; 96 stores under the Jawoll; and 96 stores under the Babou brand.

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Analyst Recommendations for B&M European Value Retail (LON:BME)

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