UBS Group reaffirmed their buy rating on shares of B&M European Value Retail (LON:BME) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also issued research reports about the company. Jefferies Financial Group reissued a hold rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Liberum Capital raised ITV PLC/ADR from a hold rating to a buy rating in a research report on Tuesday, July 16th. Royal Bank of Canada reissued a buy rating on shares of PrairieSky Royalty in a research report on Friday, May 24th. Macquarie began coverage on Wynn Macau in a research note on Monday, April 8th. They set an outperform rating for the company. Finally, JPMorgan Chase & Co. downgraded Sogou from a neutral rating to an underweight rating and cut their price target for the company from $5.50 to $4.12 in a research note on Thursday, June 27th. Thirteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. B&M European Value Retail currently has a consensus rating of Buy and an average target price of GBX 441 ($5.76).
Shares of LON:BME opened at GBX 358 ($4.68) on Friday. B&M European Value Retail has a fifty-two week low of GBX 277.70 ($3.63) and a fifty-two week high of GBX 436.40 ($5.70). The stock has a 50-day simple moving average of GBX 339.06. The company has a current ratio of 1.46, a quick ratio of 0.21 and a debt-to-equity ratio of 65.87. The stock has a market cap of $3.58 billion and a price-to-earnings ratio of 17.46.
In other news, insider Gilles Petit purchased 2,440 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was acquired at an average cost of GBX 361 ($4.72) per share, for a total transaction of £8,808.40 ($11,509.73).
B&M European Value Retail Company Profile
B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.
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