Morgan Stanley set a 358.00 price target on B&M European Value Retail (LON:BME – Free Report) in a report published on Monday. The firm currently has an underweight rating on the stock.
Several other analysts also recently weighed in on BME. BNP Paribas started coverage on shares of B&M European Value Retail in a research report on Monday. They set an “outperform” rating and a 660.00 price objective for the company. Goodbody set a 660.00 price target on shares of B&M European Value Retail and gave the company a “buy” rating in a research report on Monday, July 29th. JPMorgan Chase & Co. started coverage on shares of B&M European Value Retail in a research report on Monday, September 9th. They issued an “underweight” rating and a 469.00 price target for the company. Redburn Atlantic set a 500.00 price target on shares of B&M European Value Retail and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Finally, Investec set a 495.00 price target on shares of B&M European Value Retail and gave the company a “hold” rating in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 562.89 ($7.09).
Get Our Latest Stock Analysis on B&M European Value Retail
B&M European Value Retail Stock Up 2.2 %
B&M European Value Retail Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be given a GBX 5.30 ($0.07) dividend. This represents a yield of 1.4%. The ex-dividend date is Thursday, November 21st. B&M European Value Retail’s dividend payout ratio (DPR) is 4,166.67%.
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 B&M European Value Retail stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.34), for a total value of £36,472.48 ($45,917.76). 4.22% of the stock is owned by corporate insiders.
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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