B&M European Value Retail SA (BME) Receives GBX 331.67 Average PT from Brokerages

Shares of B&M European Value Retail SA (LON:BME) have been assigned a consensus rating of “Buy” from the fifteen analysts that are currently covering the company. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 331.67 ($4.12).

A number of research analysts recently commented on BME shares. Canaccord Genuity raised B&M European Value Retail SA to a “buy” rating and increased their target price for the company from GBX 265 ($3.29) to GBX 295 ($3.66) in a research note on Wednesday, December 14th. HSBC Holdings plc reissued a “buy” rating and issued a GBX 350 ($4.35) target price on shares of B&M European Value Retail SA in a research note on Wednesday, March 22nd. Jefferies Group LLC increased their target price on B&M European Value Retail SA from GBX 285 ($3.54) to GBX 335 ($4.16) and gave the company a “buy” rating in a research note on Thursday, January 5th. Haitong Bank reaffirmed a “sell” rating and set a GBX 200 ($2.48) price objective on shares of B&M European Value Retail SA in a research note on Monday, January 30th. Finally, Deutsche Bank AG raised their price objective on B&M European Value Retail SA from GBX 300 ($3.73) to GBX 330 ($4.10) and gave the company a “buy” rating in a research note on Tuesday, January 3rd.

COPYRIGHT VIOLATION WARNING: This report was first reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The original version of this report can be viewed at http://sleekmoney.com/bm-european-value-retail-sa-bme-receives-gbx-331-67-average-pt-from-brokerages/1739582.html.

Shares of B&M European Value Retail SA (LON:BME) traded up 0.34% on Monday, hitting GBX 323.70. The stock had a trading volume of 2,076,886 shares. The firm has a 50 day moving average of GBX 305.81 and a 200-day moving average of GBX 277.00. B&M European Value Retail SA has a 1-year low of GBX 218.40 and a 1-year high of GBX 325.70. The firm’s market capitalization is GBX 3.24 billion.

B&M European Value Retail SA Company Profile

B&M European Value Retail SA is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/bm-european-value-retail-sa-bme-receives-gbx-331-67-average-pt-from-brokerages/1739582.html

Receive News & Ratings for B&M European Value Retail SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail SA and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *