Brokerages Set B&M European Value Retail SA (BME) Price Target at $432.14

B&M European Value Retail SA (LON:BME) has received an average recommendation of “Buy” from the sixteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 438.57 ($5.73).

BME has been the subject of a number of recent research reports. Goldman Sachs Group raised their price target on B&M European Value Retail from GBX 425 ($5.55) to GBX 435 ($5.68) and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Liberum Capital cut their price objective on B&M European Value Retail from GBX 475 ($6.21) to GBX 450 ($5.88) and set a “buy” rating on the stock in a research note on Friday, January 11th. HSBC reissued a “buy” rating on shares of B&M European Value Retail in a research note on Thursday, January 10th. Jefferies Financial Group cut their price objective on B&M European Value Retail from GBX 470 ($6.14) to GBX 400 ($5.23) and set a “buy” rating on the stock in a research note on Friday, January 4th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 500 ($6.53) price objective on shares of B&M European Value Retail in a research note on Thursday, January 3rd.

Shares of B&M European Value Retail stock opened at GBX 395.10 ($5.16) on Friday. The stock has a market capitalization of $3.96 billion and a P/E ratio of 18.73. The company has a debt-to-equity ratio of 65.65, a current ratio of 1.60 and a quick ratio of 0.26. B&M European Value Retail has a 1 year low of GBX 277.70 ($3.63) and a 1 year high of GBX 436.40 ($5.70).

In other B&M European Value Retail news, insider Carolyn Bradley acquired 12,192 shares of the business’s stock in a transaction on Tuesday, January 29th. The stock was purchased at an average price of GBX 328 ($4.29) per share, for a total transaction of £39,989.76 ($52,253.70). Also, insider Peter Bamford acquired 5,000 shares of the business’s stock in a transaction on Monday, January 21st. The stock was acquired at an average price of GBX 315 ($4.12) per share, with a total value of £15,750 ($20,580.16). In the last ninety days, insiders purchased 20,242 shares of company stock worth $6,571,326.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.

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Analyst Recommendations for B&M European Value Retail (LON:BME)

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