B&M European Value Retail (LON:BME) Now Covered by Analysts at BNP Paribas

Research analysts at BNP Paribas began coverage on shares of B&M European Value Retail (LON:BME) in a report issued on Monday. The firm set an “outperform” rating and a 660.00 price target on the stock.

A number of other research firms also recently weighed in on BME. Panmure Gordon assumed coverage on B&M European Value Retail in a research note on Wednesday, October 2nd. They issued a “buy” rating and a 685.00 price target for the company. Canaccord Genuity Group decreased their target price on shares of B&M European Value Retail from GBX 600 ($7.55) to GBX 565 ($7.11) and set a “buy” rating for the company in a research note on Friday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 562.89 ($7.09).

B&M European Value Retail Stock Up 2.2 %

BME stock traded up GBX 7.30 ($0.09) during midday trading on Monday, hitting GBX 346.30 ($4.36). The company’s stock had a trading volume of 5,004,899 shares, compared to its average volume of 4,232,208. The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38. The company’s fifty day moving average price is GBX 400.18 and its 200 day moving average price is GBX 450.55. The stock has a market capitalization of £3.46 billion, a P/E ratio of 961.94 and a beta of 1.05. B&M European Value Retail has a twelve month low of GBX 324.80 ($4.09) and a twelve month high of GBX 618.20 ($7.78).

Insiders Place Their Bets

In other B&M European Value Retail news, insider Alex Russo sold 8,602 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.34), for a total transaction of £36,472.48 ($45,917.76). Corporate insiders own 4.22% of the company’s stock.

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.