B&M European Value Retail SA (LON: BME) Given the average rating of “Keep” by brokerage firms


B&M European Value Retail SA (LON: BME) has received a consensus rating of “Conserve” from the twelve rating companies that currently cover the company, reports MarketBeat Ratings. Two equity research analysts rated the stock with a sell recommendation, five gave a hold recommendation, and four gave the company a buy recommendation. The twelve-month average price target among brokerage firms that issued ratings on the stock in the past year is GBX 595.60 ($ 8.01).

A number of research analysts have published reports on BME stocks. The Royal Bank of Canada downgraded B&M European Value Retail to an “underperformance” rating and lowered its price target for the company from GBX 600 ($ 8.07) to GBX 575 ($ 7.73) in a research note Monday, November 15. Peel Hunt reaffirmed a “hold” rating and issued a target price GBX 575 ($ 7.73) on B&M European Value Retail shares in a report released on Thursday, November 11. Shore Capital reissued a “under review” rating on B&M European Value Retail shares in a report on Thursday, November 11. Morgan Stanley increased its price target on B&M European Value Retail from GBX 554 ($ 7.45) to GBX 576 ($ 7.74) and gave the company an “equal weight” rating in a report released on Wednesday. October 6. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and published a GBX 720 price target ($ 9.68) on B&M European Value Retail shares in a research report on Friday, December 3.

BME shares opened at GBX 634 ($ 8.52) on Friday. The stock’s 50-day simple moving average is GBX 620.31 and its 200-day simple moving average is GBX 584.63. The stock has a market capitalization of £ 6.35 billion and a price-to-earnings ratio of 14.74. The company has a debt to equity ratio of 253.15, a quick ratio of 0.19, and a current ratio of 1.23. B&M European Value Retail has a 52 week minimum of GBX 494.70 ($ 6.65) and a 52 week maximum of GBX 651 ($ 8.75).

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The company also recently announced a dividend, which will be paid on Friday, January 14. Investors registered on Thursday, December 16 will receive a dividend of 25 GBX ($ 0.34). This is a positive change from the previous dividend of $ 5.00 from B&M European Value Retail. The ex-dividend date is Thursday, December 16. This represents a yield of 3.96%. B&M European Value Retail’s dividend payout ratio (DPR) is 0.40%.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise stores and grocery stores. As of March 31, 2020, it operated 656 B&M brand stores and 293 Heron Foods brand stores in the UK; and 101 stores in France under the Babou and B&M banners. It also provides employment and administrative services.

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Analyst Recommendations for B&M European Value Retail (LON: BME)

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