B&M European Value Retail (LON:BME) Rating Reiterated by UBS Group

B&M European Value Retail (LON:BME)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently weighed in on BME. Numis Securities reiterated a “buy” rating and set a GBX 1,800 ($23.52) price target on shares of in a research note on Monday, June 3rd. Liberum Capital upgraded shares of ITV PLC/ADR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 16th. Royal Bank of Canada reiterated a “buy” rating on shares of PrairieSky Royalty in a research note on Friday, May 24th. JPMorgan Chase & Co. cut shares of Sogou from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $5.50 to $4.12 in a research note on Thursday, June 27th. Finally, Peel Hunt reiterated a “buy” rating on shares of Essentra in a research note on Thursday, June 27th. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 441 ($5.76).

Shares of LON:BME opened at GBX 355 ($4.64) on Friday. The firm has a market cap of $3.55 billion and a PE ratio of 17.32. The stock’s fifty day simple moving average is GBX 338.86. The company has a debt-to-equity ratio of 65.87, a quick ratio of 0.21 and a current ratio of 1.46. B&M European Value Retail has a 1-year low of GBX 277.70 ($3.63) and a 1-year high of GBX 436.40 ($5.70).

In other news, insider Gilles Petit acquired 2,440 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was bought at an average price 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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Analyst Recommendations for B&M European Value Retail (LON:BME)

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