B&M European Value Retail S.A. (LON:BME) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 502.67 ($6.53).

A number of brokerages have issued reports on BME. Canaccord Genuity Group reduced their price target on B&M European Value Retail from GBX 545 ($7.08) to GBX 490 ($6.36) and set a “buy” rating for the company in a research report on Tuesday, February 25th. Citigroup reissued a “buy” rating and set a GBX 456 ($5.92) target price on shares of B&M European Value Retail in a research note on Friday, March 28th. Finally, JPMorgan Chase & Co. reduced their price target on shares of B&M European Value Retail from GBX 349 ($4.53) to GBX 320 ($4.16) and set an “underweight” rating for the company in a research note on Monday, January 13th.

B&M European Value Retail Price Performance

Shares of LON:BME opened at GBX 287 ($3.73) on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The firm’s 50 day moving average is GBX 288.96 and its two-hundred day moving average is GBX 346.77. The firm has a market capitalization of £2.89 billion, a P/E ratio of 6.86 and a beta of 1.05. B&M European Value Retail has a 52 week low of GBX 254.60 ($3.31) and a 52 week high of GBX 556.60 ($7.23).

B&M European Value Retail Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were paid a GBX 15 ($0.19) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 4.75%. This is a boost from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio (DPR) is currently 35.88%.

Insider Buying and Selling at B&M European Value Retail

In other news, insider Oliver Tant bought 7,500 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were bought at an average cost of GBX 285 ($3.70) per share, with a total value of £21,375 ($27,756.14). 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.