B&M European Value Retail S.A. (LON:BME – Get Free Report) insider Hounaïda Lasry acquired 7,000 shares of the stock in a transaction dated Thursday, June 6th. The stock was acquired at an average cost of GBX 500 ($6.41) per share, for a total transaction of £35,000 ($44,843.05).
B&M European Value Retail Stock Performance
Shares of BME opened at GBX 492.90 ($6.32) on Friday. The company’s 50 day moving average price is GBX 528.55 and its 200 day moving average price is GBX 539.27. B&M European Value Retail S.A. has a 52 week low of GBX 483.70 ($6.20) and a 52 week high of GBX 618.20 ($7.92). The company has a market capitalization of £4.93 billion, a PE ratio of 1,408.29 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.
B&M European Value Retail Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, June 27th will be given a dividend of GBX 9.60 ($0.12) per share. This represents a yield of 1.76%. The ex-dividend date is Thursday, June 27th. B&M European Value Retail’s payout ratio is presently 4,285.71%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on BME shares. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 660 ($8.46) target price on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Jefferies Financial Group downgraded shares of B&M European Value Retail to a “hold” rating and lifted their target price for the stock from GBX 380 ($4.87) to GBX 525 ($6.73) in a research report on Monday, April 22nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of B&M European Value Retail from GBX 585 ($7.50) to GBX 471 ($6.03) and set an “underweight” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 572 ($7.33).
Get Our Latest Report on B&M European Value Retail
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.
Featured Stories
Receive News & Ratings for B&M European Value Retail Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for B&M European Value Retail and related companies with MarketBeat.com’s FREE daily email newsletter.