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

B&M European Value Retail S.A. (LON:BME) has been given a consensus rating of “Moderate Buy” by the eighteen analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 546.20 ($6.86).

BME has been the topic of several analyst reports. Citigroup reduced their price target on B&M European Value Retail from GBX 540 ($6.79) to GBX 510 ($6.41) and set a “buy” rating on the stock in a report on Friday, November 22nd. Panmure Gordon began coverage on shares of B&M European Value Retail in a report on Wednesday, October 2nd. They issued a “buy” rating and a 685.00 target price on the stock. Morgan Stanley set a 358.00 price target on shares of B&M European Value Retail and gave the company an “underweight” rating in a research note on Monday, November 18th. Royal Bank of Canada began coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They set an “outperform” rating and a 500.00 price target on the stock. Finally, Redburn Atlantic set a 500.00 price objective on B&M European Value Retail and gave the stock a “neutral” rating in a research report on Wednesday, September 25th.

B&M European Value Retail Price Performance

LON:BME opened at GBX 362.70 ($4.56) on Tuesday. B&M European Value Retail has a one year low of GBX 324.80 ($4.08) and a one year high of GBX 581 ($7.30). The stock has a market cap of £3.63 billion, a PE ratio of 1,007.50 and a beta of 1.05. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. The stock has a 50 day moving average price of GBX 374.40 and a 200 day moving average price of GBX 423.19.

B&M European Value Retail Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were given a dividend of GBX 5.30 ($0.07) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.4%. B&M European Value Retail’s dividend payout ratio is currently 4,166.67%.

Insider Activity

In related news, insider Mike Schmidt sold 17,878 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.44), for a total value of £63,109.34 ($79,312.98). Also, insider Oliver Tant purchased 12,500 shares of the business’s stock in a transaction on Friday, December 6th. The shares were purchased at an average cost of GBX 361 ($4.54) per share, for a total transaction of £45,125 ($56,711.07). Company insiders own 4.22% of the company’s stock.

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.