B&M European Value Retail S.A. (LON:BME) Announces GBX 9.60 Dividend

B&M European Value Retail S.A. (LON:BMEGet Free Report) declared a dividend on Wednesday, June 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 27th will be given a dividend of GBX 9.60 ($0.12) per share on Friday, August 2nd. This represents a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, June 27th. The official announcement can be seen at this link.

B&M European Value Retail Price Performance

LON BME opened at GBX 506.80 ($6.49) on Wednesday. The stock has a market cap of ¬£5.07 billion, a price-to-earnings ratio of 1,469.14 and a beta of 1.01. B&M European Value Retail has a 12 month low of GBX 484.10 ($6.20) and a 12 month high of GBX 618.20 ($7.92). The company’s 50 day moving average is GBX 531.44 and its two-hundred day moving average is GBX 540.07. The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on B&M European Value Retail from GBX 566 ($7.25) to GBX 585 ($7.50) and gave the company an “underweight” rating in a research report on Wednesday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 660 ($8.46) price objective on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Shore Capital restated a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Finally, Jefferies Financial Group cut shares of B&M European Value Retail to a “hold” rating and raised their target price for the company from GBX 380 ($4.87) to GBX 525 ($6.73) in a research note on Monday, April 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, B&M European Value Retail currently has a consensus rating of “Hold” and an average price target of GBX 588.29 ($7.54).

Read Our Latest Analysis on BME

About B&M European Value Retail

(Get Free Report)

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.

See Also

Dividend History for B&M European Value Retail (LON:BME)

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