B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Oliver Tant purchased 12,500 shares of the stock in a transaction on Friday, December 6th. The shares were purchased at an average cost of GBX 361 ($4.60) per share, with a total value of £45,125 ($57,520.71).
B&M European Value Retail Price Performance
Shares of LON BME opened at GBX 363.10 ($4.63) on Tuesday. The company has a quick ratio of 0.38, a current ratio of 1.32 and a debt-to-equity ratio of 308.86. B&M European Value Retail S.A. has a fifty-two week low of GBX 324.80 ($4.14) and a fifty-two week high of GBX 618.20 ($7.88). The business has a 50 day moving average price of GBX 382.77 and a two-hundred day moving average price of GBX 434.54. The firm has a market cap of £3.63 billion, a PE ratio of 1,008.61 and a beta of 1.05.
B&M European Value Retail Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 5.30 ($0.07) per share. This represents a dividend yield of 1.4%. The ex-dividend date is Thursday, November 21st. B&M European Value Retail's payout ratio is currently 4,166.67%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on BME. Morgan Stanley set a 358.00 price objective on B&M European Value Retail and gave the company an "underweight" rating in a research note on Monday, November 18th. Barclays set a 570.00 price target on shares of B&M European Value Retail and gave the company an "overweight" rating in a research report on Friday, October 18th. Investec set a 495.00 price objective on shares of B&M European Value Retail and gave the stock a "hold" rating in a research report on Wednesday, October 30th. The Goldman Sachs Group initiated coverage on shares of B&M European Value Retail in a report on Friday, November 22nd. They set a "buy" rating and a 475.00 target price on the stock. Finally, Canaccord Genuity Group lowered their price target on B&M European Value Retail from GBX 600 ($7.65) to GBX 565 ($7.20) and set a "buy" rating for the company in a report on Friday, November 22nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, B&M European Value Retail currently has an average rating of "Moderate Buy" and a consensus price target of GBX 561.22 ($7.15).
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B&M European Value Retail Company Profile
(
Get Free Report)
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.
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