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

Shares of B&M European Value Retail S.A. (LON:BME) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 516 ($6.39).

Several equities research analysts have recently commented on BME shares. Barclays set a 570.00 price objective on B&M European Value Retail and gave the company an “overweight” rating in a report on Friday, October 18th. BNP Paribas initiated coverage on shares of B&M European Value Retail in a research report on Monday, November 18th. They issued an “outperform” rating and a 660.00 price objective for the company. Citigroup dropped their target price on shares of B&M European Value Retail from GBX 540 ($6.69) to GBX 510 ($6.32) and set a “buy” rating on the stock in a report on Friday, November 22nd. Royal Bank of Canada initiated coverage on B&M European Value Retail in a report on Monday, November 18th. They set an “outperform” rating and a 500.00 price target for the company. Finally, Morgan Stanley set a 358.00 price objective on B&M European Value Retail and gave the company an “underweight” rating in a research note on Monday, November 18th.

Insiders Place Their Bets

In related news, insider Mike Schmidt sold 17,878 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.37), for a total value of £63,109.34 ($78,202.40). Also, insider Oliver Tant bought 12,500 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was acquired at an average price of GBX 361 ($4.47) per share, for a total transaction of £45,125 ($55,916.98). Corporate insiders own 4.22% of the company’s stock.

B&M European Value Retail Stock Down 1.5 %

Shares of BME stock opened at GBX 314 ($3.89) on Wednesday. The firm’s fifty day moving average price is GBX 341.71 and its two-hundred day moving average price is GBX 390.27. B&M European Value Retail has a 1 year low of GBX 299.60 ($3.71) and a 1 year high of GBX 561.80 ($6.96). 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 firm has a market capitalization of £3.14 billion, a P/E ratio of 872.22 and a beta of 1.05.

B&M European Value Retail (LON:BME) last released its earnings results 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%. On average, equities analysts predict that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

B&M European Value Retail Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be given a dividend of GBX 15 ($0.19) per share. The ex-dividend date is Thursday, January 16th. This represents a yield of 4.75%. This is an increase from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio is currently 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.