B&M European Value Retail (BME) Given Overweight Rating at Barclays

B&M European Value Retail (LON:BME)‘s stock had its “overweight” rating reissued by analysts at Barclays in a research note issued on Friday, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently commented on BME. Liberum Capital reaffirmed a “buy” rating on shares of B&M European Value Retail in a research report on Monday, February 4th. Royal Bank of Canada raised shares of B&M European Value Retail to a “top pick” rating in a research report on Friday, March 1st. Peel Hunt reaffirmed a “buy” rating on shares of B&M European Value Retail in a research report on Tuesday, January 29th. Goldman Sachs Group upped their target price on shares of B&M European Value Retail from GBX 425 ($5.55) to GBX 435 ($5.68) and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of B&M European Value Retail in a research report on Friday. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 452.08 ($5.91).

LON BME opened at GBX 347.50 ($4.54) on Friday. B&M European Value Retail has a 12 month low of GBX 277.70 ($3.63) and a 12 month high of GBX 436.40 ($5.70). The company has a debt-to-equity ratio of 65.65, a quick ratio of 0.26 and a current ratio of 1.60. The stock has a market capitalization of $3.48 billion and a price-to-earnings ratio of 16.47.



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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