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.
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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.
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