Analysts Set B&M European Value Retail S.A. (LON:BME) Price Target at GBX 553.20

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 546.20 ($6.88).

Several analysts have recently commented on BME shares. HSBC set a 640.00 target price on B&M European Value Retail and gave the stock a “buy” rating in a research report on Monday, November 18th. Goodbody set a 660.00 target price on B&M European Value Retail and gave the company a “buy” rating in a research note on Monday, July 29th. Royal Bank of Canada started coverage on shares of B&M European Value Retail in a report on Monday, November 18th. They set an “outperform” rating and a 500.00 price target for the company. Panmure Gordon assumed coverage on shares of B&M European Value Retail in a research note on Wednesday, October 2nd. They issued a “buy” rating and a 685.00 price objective on the stock. Finally, Investec set a 495.00 target price on shares of B&M European Value Retail and gave the company a “hold” rating in a research note on Wednesday, October 30th.

B&M European Value Retail Stock Up 2.2 %

Shares of LON:BME opened at GBX 346.30 ($4.36) on Friday. B&M European Value Retail has a 52 week low of GBX 324.80 ($4.09) and a 52 week high of GBX 618.20 ($7.78). The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. The company has a market cap of £3.46 billion, a PE ratio of 961.94 and a beta of 1.05. The firm has a 50 day simple moving average of GBX 398.66 and a 200 day simple moving average of GBX 448.39.

B&M European Value Retail Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be issued a dividend of GBX 5.30 ($0.07) per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.4%. B&M European Value Retail’s dividend payout ratio (DPR) is presently 4,166.67%.

Insider Activity

In other B&M European Value Retail news, insider Alex Russo sold 8,602 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of GBX 424 ($5.34), for a total value of £36,472.48 ($45,929.33). 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.