B&M European Value Retail (LON:BME) Given a 358.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a 358.00 price target on B&M European Value Retail (LON:BME) 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).

B&M European Value Retail Stock Up 2.2 %

LON BME traded up GBX 7.30 ($0.09) on Monday, hitting GBX 346.30 ($4.36). 5,004,899 shares of the stock were exchanged, compared to its average volume of 4,232,208. The company has a market cap of £3.46 billion, a PE ratio of 961.94 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. B&M European Value Retail has a fifty-two week low of GBX 324.80 ($4.09) and a fifty-two week high of GBX 618.20 ($7.78). The company has a 50-day moving average price of GBX 400.18 and a 200-day moving average price of GBX 450.55.

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.