Oliver Tant Buys 7,500 Shares of B&M European Value Retail S.A. (LON:BME) Stock

B&M European Value Retail S.A. (LON:BME) insider Oliver Tant bought 7,500 shares of B&M European Value Retail stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average price of GBX 285 ($3.58) per share, with a total value of £21,375 ($26,880.03).

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 purchased at an average price of GBX 361 ($4.54) per share, with a total value of £45,125 ($56,746.73).

B&M European Value Retail Price Performance

Shares of B&M European Value Retail stock opened at GBX 277.70 ($3.49) on Friday. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. B&M European Value Retail S.A. has a twelve month low of GBX 254.60 ($3.20) and a twelve month high of GBX 561.80 ($7.06). The business has a 50-day moving average price of GBX 325.37 and a 200 day moving average price of GBX 375.83. The firm has a market cap of £2.80 billion, a PE ratio of 6.64 and a beta of 1.05.

B&M European Value Retail Increases Dividend

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

Wall Street Analysts Forecast Growth

BME has been the subject of a number of research analyst reports. Citigroup reduced their target price on B&M European Value Retail from GBX 540 ($6.79) to GBX 510 ($6.41) and set a “buy” rating for the company in a research note on Friday, November 22nd. Morgan Stanley set a 358.00 target price on B&M European Value Retail and gave the stock an “underweight” rating in a research note on Monday, November 18th. Canaccord Genuity Group reduced their price objective on 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 research note on Tuesday. HSBC set a 640.00 price objective on B&M European Value Retail and gave the company a “buy” rating in a research note on Monday, November 18th. Finally, Canaccord Genuity Group reduced their price objective on 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 research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, B&M European Value Retail 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.