Key Points
- Insider sale: Director Oliver Tant sold 10,850 shares on 4 March at an average of GBX 186, generating proceeds of approximately £20,181.
- Analyst view: The stock has a consensus rating of "Moderate Buy" (five Buys, two Holds, one Sell) with a consensus target price of GBX 207.50, although brokers have recently issued mixed target adjustments.
- Key financials: B&M has a market capitalization of £1.76 billion and a P/E of 7.11, a 52-week range of GBX 140–350, and a high debt-to-equity ratio of 348.52 with a current ratio of 1.26.
B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Oliver Tant sold 10,850 shares of the firm's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of GBX 186, for a total value of £20,181.
B&M European Value Retail Price Performance
Shares of LON:BME opened at GBX 175.50 on Tuesday. The company has a market capitalization of £1.76 billion, a P/E ratio of 7.11 and a beta of 1.17. The company's 50-day moving average is GBX 176.24 and its 200 day moving average is GBX 192.53. The company has a debt-to-equity ratio of 348.52, a quick ratio of 0.38 and a current ratio of 1.26. B&M European Value Retail S.A. has a fifty-two week low of GBX 140 and a fifty-two week high of GBX 350.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Peel Hunt restated an "add" rating and set a GBX 200 price target on shares of B&M European Value Retail in a research note on Thursday, November 13th. Jefferies Financial Group dropped their price objective on B&M European Value Retail from GBX 260 to GBX 175 and set a "hold" rating on the stock in a research note on Thursday, November 20th. Berenberg Bank reduced their price objective on B&M European Value Retail from GBX 450 to GBX 300 and set a "buy" rating for the company in a report on Thursday, December 4th. JPMorgan Chase & Co. boosted their target price on B&M European Value Retail from GBX 163 to GBX 170 and gave the company an "underweight" rating in a research note on Friday, January 23rd. Finally, Shore Capital Group reaffirmed a "buy" rating on shares of B&M European Value Retail in a research report on Friday, January 23rd. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, B&M European Value Retail presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 207.50.
Read Our Latest Research Report on BME
B&M European Value Retail Company Profile
(
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.
Further Reading
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