B&M European Value Retail Director Acquires Shares, Signaling Confidence

An announcement from B&M European Value Retail SA ( (GB:BME) ) is now available.

B&M European Value Retail S.A. announced that Hounaïda Lasry, a Non-Executive Director, has purchased 7,600 ordinary shares at a price of 2.62 GBP each, totaling 19,912 GBP. This transaction, conducted on the London Main Market, reflects insider confidence in the company’s market position and potential growth, potentially influencing stakeholder perceptions positively.

The most recent analyst rating on (GB:BME) stock is a Buy with a £5.75 price target. To see the full list of analyst forecasts on B&M European Value Retail SA stock, see the GB:BME Stock Forecast page.

Spark’s Take on GB:BME Stock

According to Spark, TipRanks’ AI Analyst, GB:BME is a Outperform.

B&M European Value Retail SA shows robust financial performance with strong profitability and cash flow. However, high debt levels and bearish technical indicators present risks. Despite these challenges, the stock’s undervaluation and attractive dividend yield provide potential upside. Earnings call and corporate events highlight strategic growth plans and share buybacks, suggesting future opportunities.

To see Spark’s full report on GB:BME stock, click here.

More about B&M European Value Retail SA

B&M European Value Retail S.A. operates in the retail industry, focusing on offering a variety of value products to consumers. The company is known for its discount retail stores, providing a range of goods from groceries to homeware, primarily targeting budget-conscious shoppers in Europe.

Average Trading Volume: 6,031,635

Technical Sentiment Signal: Sell

Current Market Cap: £2.67B

See more data about BME stock on TipRanks’ Stock Analysis page.