B&M European Value Retail S.A. (LON:BME) Insider Acquires £21,375 in Stock

B&M European Value Retail S.A. (LON:BME) insider Oliver Tant purchased 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average cost of GBX 285 ($3.58) per share, with a total value of £21,375 ($26,883.41).

Oliver Tant also recently made the following trade(s):

• On Friday, December 6th, Oliver Tant bought 12,500 shares of B&M European Value Retail stock. The stock was bought at an average cost of GBX 361 ($4.54) per share, with a total value of £45,125 ($56,753.87).

B&M European Value Retail Stock Down 1.1 %

Shares of LON BME opened at GBX 277.70 ($3.49) on Friday. B&M European Value Retail S.A. has a 1 year low of GBX 254.60 ($3.20) and a 1 year high of GBX 561.80 ($7.07). The firm’s 50 day moving average price is GBX 323.67 and its 200 day moving average price is GBX 374.58. The firm has a market cap of £2.80 billion, a P/E ratio of 6.64 and a beta of 1.05. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06.

B&M European Value Retail Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were given a dividend of GBX 15 ($0.19) per share. The ex-dividend date was Thursday, January 16th. This represents a yield of 4.75%. This is a positive change from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio (DPR) is 35.88%.

Analyst Ratings Changes

BME has been the subject of a number of research analyst reports. HSBC set a 640.00 target price on shares of B&M European Value Retail and gave the company a “buy” rating in a report on Monday, November 18th. JPMorgan Chase & Co. dropped their target price on shares of B&M European Value Retail from GBX 349 ($4.39) to GBX 320 ($4.02) and set an “underweight” rating for the company in a report on Monday, January 13th. Royal Bank of Canada initiated coverage on shares of B&M European Value Retail in a report on Monday, November 18th. They issued an “outperform” rating and a 500.00 target price for the company. Canaccord Genuity Group dropped their target price on shares of B&M European Value Retail from GBX 545 ($6.85) to GBX 490 ($6.16) and set a “buy” rating for the company in a report on Tuesday, February 25th. Finally, Canaccord Genuity Group dropped their price objective 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, November 22nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 546.83 ($6.88).

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.