B&M European Value Retail (LON:BME) Earns “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of B&M European Value Retail (LON:BME) in a report published on Monday, November 12th.

BME has been the topic of several other reports. UBS Group reissued a buy rating on shares of B&M European Value Retail in a report on Friday, October 26th. Barclays reaffirmed an equal weight rating on shares of B&M European Value Retail in a report on Thursday, October 25th. Libertas Partners reissued a buy rating and set a GBX 475 ($6.21) price objective on shares of B&M European Value Retail in a report on Monday, October 22nd. Royal Bank of Canada raised shares of B&M European Value Retail to an outperform rating in a report on Tuesday, October 16th. Finally, HSBC reissued a buy rating on shares of B&M European Value Retail in a report on Monday, August 13th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 464.17 ($6.07).

LON BME traded down GBX 10.60 ($0.14) during trading on Monday, hitting GBX 324.60 ($4.24). The stock had a trading volume of 18,666,085 shares, compared to its average volume of 3,550,000. B&M European Value Retail has a one year low of GBX 295.04 ($3.86) and a one year high of GBX 436.20 ($5.70).

B&M European Value Retail (LON:BME) last posted its quarterly earnings results on Tuesday, November 13th. The company reported GBX 8 ($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 7.80 ($0.10) by GBX 0.20 ($0.00).

The business also recently announced a dividend, which will be paid on Friday, December 21st. Stockholders of record on Thursday, November 22nd will be paid a dividend of GBX 2.70 ($0.04) per share. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a dividend yield of 0.72%.

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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