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).
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.
Recommended story: breaking actions
This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]
Should you invest $ 1,000 in B&M European Value Retail now?
Before you consider B&M European Value Retail, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of … and B&M European Value Retail was not on the list.
Although B&M European Value Retail currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here