Jefferies Financial Group Reiterates “Buy” Rating for B&M European Value Retail (LON:BME)

Jefferies Financial Group reiterated their buy rating on shares of B&M European Value Retail (LON:BME) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the stock. Shore Capital reissued a buy rating and issued a GBX 429 ($5.64) price target on shares of B&M European Value Retail in a research report on Friday, November 8th. Goldman Sachs Group reduced their price target on shares of B&M European Value Retail from GBX 440 ($5.79) to GBX 425 ($5.59) and set a buy rating for the company in a research report on Thursday, November 14th. UBS Group reissued a buy rating on shares of B&M European Value Retail in a research report on Tuesday, November 12th. Morgan Stanley reissued an equal weight rating on shares of B&M European Value Retail in a research report on Monday, November 11th. Finally, Citigroup cut shares of B&M European Value Retail to a neutral rating and reduced their price target for the company from GBX 410 ($5.39) to GBX 405 ($5.33) in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 425.64 ($5.60).

Shares of BME opened at GBX 409.70 ($5.39) on Tuesday. B&M European Value Retail has a 1-year low of GBX 277.70 ($3.65) and a 1-year high of GBX 402.50 ($5.29). The stock has a market cap of $4.10 billion and a PE ratio of 31.27. The company has a debt-to-equity ratio of 208.08, a current ratio of 1.23 and a quick ratio of 0.16. The firm has a fifty day moving average price of GBX 377.63 and a 200 day moving average price of GBX 361.61.

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 21st will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 0.76%. B&M European Value Retail’s payout ratio is 0.61%.

About B&M European Value Retail

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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