B&M European Value Retail SA (LON:BME – Get Free Report) shares have received a consensus rating of “Hold” from the six rating agencies that currently cover the company, Marketbeat.com reports. Two equities analysts have rated the stock as a “Sell,” one has rated it as a “Hold,” and three have rated it as a “Buy.” The average price target for the next twelve months among analysts that have covered the stock over the past year is GBX 573.17 ($7.27).
Several equities analysts have recently commented on BME shares. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of B&M European Value Retail in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a price target of GBX 660 ($8.37) on shares of B&M European Value Retail in a research report on Wednesday, April 17. Shore Capital reiterated a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16. Finally, Jefferies Financial Group downgraded B&M European Value Retail to a “hold” rating and raised their price target for the company from GBX 380 ($4.82) to GBX 525 ($6.66) in a research note on Monday, April 22.
Check out our latest analysis on BME
Performance of the B&M European Value Retail share
B&M European Value Retail shares opened at GBX 437.20 ($5.55) on Friday. The company has a debt-to-equity ratio of 280.00, a current ratio of 1.37 and a quick ratio of 0.38. The stock has a market cap of £4.37 billion, a price-to-earnings ratio of 1,249.14 and a beta of 1.01. The company has a 50-day moving average of GBX 513.33 and a 200-day moving average of GBX 527.39. B&M European Value Retail has a 12-month low of GBX 437.20 ($5.55) and a 12-month high of GBX 618.20 ($7.84).
B&M European Value Retail cuts dividend
The company also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, June 27th will receive a dividend of £9.60 ($0.12). The ex-dividend date is Thursday, June 27th. This equates to a dividend yield of 1.76%. B&M European Value Retail’s Dividend Payout Ratio (DPR) is currently 4,285.71%.
Insider activity
In other news, insider Hounaïda Lasry bought 7,000 shares of the company’s stock on Thursday, June 6. The shares were purchased at an average price of GBP 500 (US$ 6.34) per share, for a total transaction of GBP 35,000 (US$ 44,399.34). Insiders own 4.23% of the company’s shares.
About B&M European Value Retail
(Get free report
B&M European Value Retail SA operates general merchandise and food stores. The company operates a chain of stores under the B&M, Heron Foods and B&M Express brands 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.
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