B&M European Value Retail S.A. (LON:BME) Given Consensus Rating of “Moderate Buy” by Analysts

B&M European Value Retail S.A. (LON:BME) has been assigned a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 457.75 ($6.25).

A number of equities analysts have recently issued reports on BME shares. Citigroup reissued a “buy” rating and set a GBX 456 ($6.22) target price on shares of B&M European Value Retail in a research note on Friday, March 28th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 490 ($6.69) target price on shares of B&M European Value Retail in a research note on Monday, June 9th. Finally, Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th.

B&M European Value Retail Stock Performance

Shares of BME stock opened at GBX 278.30 ($3.80) on Friday. The company has a market cap of £2.80 billion, a price-to-earnings ratio of 6.66 and a beta of 1.05. The stock has a 50 day simple moving average of GBX 307.68 and a 200-day simple moving average of GBX 307.08. B&M European Value Retail has a 12-month low of GBX 254.60 ($3.47) and a 12-month high of GBX 475.80 ($6.49). The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77.

B&M European Value Retail (LON:BME) last issued its earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. On average, equities analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Buying and Selling

In related news, insider Hounaïda Lasry bought 7,600 shares of the stock in a transaction on Wednesday, June 11th. The shares were purchased at an average price of GBX 262 ($3.58) per share, for a total transaction of £19,912 ($27,176.20). Also, insider Tjeerd Jegen bought 37,500 shares of the stock in a transaction on Friday, June 13th. The shares were bought at an average price of GBX 270 ($3.69) per share, for a total transaction of £101,250 ($138,187.53). In the last 90 days, insiders purchased 160,500 shares of company stock worth $42,621,400. Insiders own 4.22% of the company’s stock.

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.