B&M European Value Retail (LON:BME) Downgraded to Hold at Jefferies Financial Group

Jefferies Financial Group lowered shares of B&M European Value Retail (LON:BME) to a hold rating in a research note released on Monday, MarketBeat reports. Jefferies Financial Group currently has GBX 525 ($6.48) price objective on the stock, up from their previous price objective of GBX 380 ($4.69).

Other research analysts also recently issued research reports about the stock. Shore Capital restated a not rated rating on shares of B&M European Value Retail in a report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reiterated a buy rating and issued a GBX 660 ($8.15) target price on shares of B&M European Value Retail in a research note on Wednesday, April 17th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of GBX 583.29 ($7.20).

B&M European Value Retail Stock Up 0.4 %

B&M European Value Retail stock opened at GBX 518.20 ($6.40) on Monday. The company has a market capitalization of £5.18 billion, a P/E ratio of 1,474.86 and a beta of 1.00. The firm’s fifty day simple moving average is GBX 528.75 and its 200-day simple moving average is GBX 541.83. The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00. B&M European Value Retail has a 1-year low of GBX 454 ($5.61) and a 1-year high of GBX 618.20 ($7.64).

B&M European Value Retail Company Profile

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.