B&M European Value Retail S.A. (LON:BME) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned an average rating of “Moderate Buy” from the eighteen analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 516 ($6.43).

Several analysts have commented on BME shares. BNP Paribas started coverage on shares of B&M European Value Retail in a research note on Monday, November 18th. They set an “outperform” rating and a 660.00 price objective for the company. Investec set a 495.00 price target on shares of B&M European Value Retail and gave the company a “hold” rating in a report on Wednesday, October 30th. Canaccord Genuity Group lowered their price target on shares of B&M European Value Retail from GBX 600 ($7.47) to GBX 565 ($7.04) and set a “buy” rating on the stock in a report on Friday, November 22nd. JPMorgan Chase & Co. lowered their price target on shares of B&M European Value Retail from GBX 349 ($4.35) to GBX 320 ($3.98) and set an “underweight” rating on the stock in a report on Monday, January 13th. Finally, HSBC set a 640.00 target price on B&M European Value Retail and gave the stock a “buy” rating in a report on Monday, November 18th.

Insiders Place Their Bets

In related news, insider Oliver Tant bought 12,500 shares of the stock in a transaction on Friday, December 6th. The stock was bought at an average price of GBX 361 ($4.50) per share, with a total value of £45,125 ($56,188.52). Also, insider Mike Schmidt sold 17,878 shares of B&M European Value Retail stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.40), for a total transaction of £63,109.34 ($78,582.17). 4.22% of the stock is owned by insiders.

B&M European Value Retail Stock Up 0.7 %

LON:BME opened at GBX 319.10 ($3.97) on Wednesday. The company has a market cap of £3.19 billion, a PE ratio of 886.39 and a beta of 1.05. B&M European Value Retail has a twelve month low of GBX 299.60 ($3.73) and a twelve month high of GBX 561.80 ($7.00). The company has a current ratio of 1.32, a quick ratio of 0.38 and a debt-to-equity ratio of 308.86. The company’s 50 day moving average is GBX 340.73 and its two-hundred day moving average is GBX 389.27.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data on Thursday, November 14th. The company reported GBX 13.80 ($0.17) earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 50.48% and a net margin of 6.69%. Analysts anticipate that B&M European Value Retail will post 38.4814815 EPS for the current year.

B&M European Value Retail Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be given a GBX 15 ($0.19) dividend. This represents a yield of 4.75%. This is a positive change from B&M European Value Retail’s previous dividend of $5.30. The ex-dividend date is Thursday, January 16th. B&M European Value Retail’s dividend payout ratio is presently 4,166.67%.

About B&M European Value Retail

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.