B&M European Value Retail S.A. (LON:BME) Receives GBX 579.60 Consensus Target Price from Analysts

Shares of B&M European Value Retail S.A. (LON:BME) have been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 583.29 ($7.20).

Several brokerages have recently issued reports on BME. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 660 ($8.15) price target on shares of B&M European Value Retail in a report on Wednesday, April 17th. Jefferies Financial Group downgraded shares of B&M European Value Retail to a “hold” rating and upped their price target for the stock from GBX 380 ($4.69) to GBX 525 ($6.48) in a report on Monday. Finally, Shore Capital reiterated a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday, April 16th.

B&M European Value Retail Stock Up 1.3 %

Shares of LON:BME opened at GBX 531.40 ($6.56) on Tuesday. The company has a fifty day moving average of GBX 527.83 and a 200-day moving average of GBX 542.38. The company has a market capitalization of £5.31 billion, a PE ratio of 1,499.43 and a beta of 1.00. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37. B&M European Value Retail has a 52-week low of GBX 454 ($5.61) and a 52-week high of GBX 618.20 ($7.64).

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.