Analysts Set B&M European Value Retail SA (BME) PT at $381.43

B&M European Value Retail SA (LON:BME) has been given an average recommendation of “Buy” by the fifteen ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 381.43 ($4.93).

A number of analysts have recently weighed in on the stock. HSBC Holdings plc restated a “buy” rating on shares of B&M European Value Retail SA in a research note on Wednesday, September 6th. Liberum Capital reiterated a “buy” rating and set a GBX 380 ($4.91) target price on shares of B&M European Value Retail SA in a research note on Wednesday, August 2nd. Peel Hunt reiterated a “buy” rating and set a GBX 440 ($5.68) target price on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and set a GBX 415 ($5.36) target price on shares of B&M European Value Retail SA in a research note on Thursday, July 6th. Finally, Canaccord Genuity reiterated a “buy” rating and set a GBX 405 ($5.23) target price on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th.

B&M European Value Retail SA (LON BME) traded down 1.54% during midday trading on Friday, reaching GBX 364.20. 2,691,460 shares of the company traded hands. B&M European Value Retail SA has a 12 month low of GBX 218.40 and a 12 month high of GBX 381.00. The stock’s market capitalization is GBX 3.64 billion. The firm has a 50 day moving average of GBX 368.48 and a 200-day moving average of GBX 342.32.

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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.

Analyst Recommendations for B&M European Value Retail SA (LON:BME)

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