Analysts Set B&M European Value Retail S.A. (LON:BME) Target Price at GBX 573.17

B&M European Value Retail S.A. (LON:BME) has earned an average recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 573.17 ($7.25).

Several brokerages recently commented on BME. Shore Capital reiterated a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 16th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of B&M European Value Retail in a research report on Friday, June 28th. Jefferies Financial Group lowered shares of B&M European Value Retail to a “hold” rating and lifted their price target for the stock from GBX 380 ($4.81) to GBX 525 ($6.64) in a research note on Monday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 660 ($8.35) target price on shares of B&M European Value Retail in a research note on Wednesday, April 17th.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Hounaïda Lasry acquired 7,000 shares of B&M European Value Retail stock in a transaction that occurred on Thursday, June 6th. The shares were acquired at an average cost of GBX 500 ($6.32) per share, with a total value of £35,000 ($44,270.17). 4.23% of the stock is owned by insiders.

B&M European Value Retail Stock Down 0.3 %

BME stock opened at GBX 434.50 ($5.50) on Friday. B&M European Value Retail has a one year low of GBX 433.50 ($5.48) and a one year high of GBX 618.20 ($7.82). The stock has a market capitalization of £4.35 billion, a PE ratio of 1,241.43 and a beta of 1.01. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37. The company has a fifty day moving average of GBX 506.70 and a 200-day moving average of GBX 524.20.

B&M European Value Retail Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, June 27th will be given a GBX 9.60 ($0.12) dividend. This represents a yield of 1.76%. The ex-dividend date of this dividend is Thursday, June 27th. B&M European Value Retail’s dividend payout ratio is presently 4,285.71%.

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.